May Kenneth Arthur 4/A
4/A · ALLIED MOTION TECHNOLOGIES INC · Filed Mar 31, 2023
Insider Transaction Report
Form 4/AAmended
May Kenneth Arthur
Chief Technology Officer
Transactions
- Award
Common Stock
2023-03-07$43.16/sh+970$41,865→ 11,171 total - Award
Common Stock
2023-03-07$43.16/sh+970$41,865→ 12,141 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 693 time-based and 693 performance-based restricted shares were granted when 970 time-based and 970 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 554 shares.