SEC Form 4 · accession 0001209191-18-010524
Altra Industrial Motion Corp. · AIMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl R Christenson
Officer — Chairman and CEO · Director
Period of report
Jan 12, 2018
Accepted (ET)
Feb 15, 2018 · 6:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001374535
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F2 | Jan 12, 2018 | J | 105,989 | $0.00 | D | 136,747 | I | By trust |
| Common Stock, par value, $0.001F3 | Feb 13, 2018 | A | 26,201 | $45.80 | A | 125,006 | D | |
| Common Stock, par value, $0.001F4 | Feb 13, 2018 | A | 14,145 | $45.80 | A | 139,151 | D | |
| Common Stock, par value, $0.001F5 | Feb 13, 2018 | F | 6,216 | $45.80 | D | 132,935 | D | |
| Common Stock, par value, $0.001F6 | Feb 15, 2018 | F | 3,823 | $46.05 | D | 129,112 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares transferred by Reporting Person to former spouse pursuant to a divorce settlement.
- F2The shares are held in a trust for which Mr. Christenson serves as trustee.
- F3These shares are restricted common stock, par value $0.001 ("Restricted Common Stock"), awarded to the Reporting Person under the Altra Industrial Motion Corp. 2014 Omnibus Incentive Plan. Shares of Restricted Common Stock are subject to restrictions. The restrictions will expire in equal installments on August 15, 2018, 2019, 2020 and 2021, respectively.
- F4Performance shares earned after Compensation Committee determined that certain performance goals which measure the Company's total shareholder return ("TSR") against the TSR of a peer group of companies over the three year measurement period, from January 1, 2015 to December 31, 2017, had been met. The shares are issued as common stock par value $0.001 ("Common Stock") awarded to the Reporting Person under the Altra Industrial Motion Corp. 2014 Omnibus Incentive Plan. Dividends accrued on earned performance shares were included as additional shares of Common Stock in accordance with the terms of the award agreement.
- F5Shares forfeited in lieu of taxes upon award of Common Stock.
- F6Shares forfeited in lieu of taxes upon vesting of Restricted Stock