Maida Robert P 4/A
4/A · ALLIED MOTION TECHNOLOGIES INC · Filed Mar 31, 2023
Insider Transaction Report
Form 4/AAmended
Maida Robert P
Chief Financial Officer
Transactions
- Award
Common Stock
2023-03-07$43.16/sh+2,079$89,730→ 109,122 total - Award
Common Stock
2023-03-07$43.16/sh+2,079$89,730→ 111,201 total
Footnotes (3)
- [F1]Grant of time-based restricted shares pursuant to the Company's 2017 Omnibus Incentive Plan. These restricted shares vest one-third each on April 1, 2024, 2025 and 2026.
- [F2]Grant of performance-based restricted shares pursuant to the Company's 2017 Omnibus Incentive Plan. All or a portion of these restricted shares will vest over a three-year period upon the satisfaction of certain performance goals established by the Compensation Committee for the year ending December 31, 2023.
- [F3]This amended Form 4 is being filed to correct an administrative error which misreported the number of time-based and performance-based restricted shares granted to the Reporting Person. The original Form 4 reported that 1,871 time-based and 1,871 performance-based restricted shares were granted when 2,079 time-based and 2,079 performance-based restricted shares were granted. As a result of this administrative error, the number of shares beneficially owned by the reporting person following the corrected transactions reflects an increase in the number of shares reported as beneficially owned by the reporting person by 416 shares.