Carl Christenson - Aug 15, 2022 Form 4 Insider Report for Altra Industrial Motion Corp. (AIMC)

Signature
Todd Patriacca, Attorney-in-fact
Stock symbol
AIMC
Transactions as of
Aug 15, 2022
Transactions value $
-$469,505
Form type
4
Date filed
8/17/2022, 10:41 AM
Previous filing
May 10, 2022
Next filing
Dec 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIMC Common Stock, par value $0.001 Options Exercise $0 +23.5K +25.97% $0.00 114K Aug 15, 2022 Direct
transaction AIMC Common Stock, par value $0.001 Tax liability -$470K -10.4K -9.14% $45.11 103K Aug 15, 2022 Direct F1
holding AIMC Common Stock, par value $0.001 127K Aug 15, 2022 By Trust F2
holding AIMC Common Stock, par value $0.001 300 Aug 15, 2022 By Children, see footnote F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIMC Restricted Stock Unit Options Exercise $0 -23.5K -42.78% $0.00 31.4K Aug 15, 2022 Common Stock 23.5K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction relates to the withholding for tax purposes in connection with the vesting and distribution of restricted units.
F2 The shares are held in a trust for which Mr. Christenson serves as trustee.
F3 Shares are held by Reporting Persons children.
F4 Restricted stock units are payable in shares of common stock on a one-to-one basis.
F5 Each RSU represents a contingent right to receive one share of common stock upon settlement. The grants have graded vesting schedules over a 4 year period. The exercisable date will vary by vesting tranche.