Ravi Vig Form 4 ALLEGRO MICROSYSTEMS / Ravi Vig ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Vig Ravi

(Last) (First) (Middle)

955 PERIMETER ROAD

(Street)

MANCHESTER NH 03103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALLEGRO MICROSYSTEMS, INC. [ ALGM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								293,090	I	By Trust for Child 1
Common Stock								293,090	I	By Trust for Child 2
Common Stock								293,090	I	By Trust for Child 3
Common Stock	05/13/2022		A		202,704(1)	A	$0	1,643,006	D
Common Stock	05/13/2022		A		29,120(2)	A	$0	1,672,126	D
Common Stock	05/16/2022		F		99,480(3)	D	$23.48	1,572,646	D
Common Stock	05/16/2022		A		88,587(4)	A	$0	1,661,233	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On May 7, 2021, the reporting person was granted an award of Performance Stock Units ("PSUs"), which vest over a two-year period in the form of common stock, contingent upon the Issuer's attainment of certain performance objectives between one and two years. On May 13, 2022, the Compensation Committee of the Issuer's Board of Directors determined that the one-year performance objective goals had been met, resulting in the vesting of a portion of the total PSU on May 16, 2022.

2. On May 7, 2021, the reporting person was granted an award of PSUs, which vest over a three-year period in the form of common stock, contingent upon the Issuer's attainment of certain performance objectives between one and three years. On May 13, 2022, the Compensation Committee of the Issuer's Board of Directors determined that the one-year performance objective goals had been met, resulting in the vesting of a portion of the total PSU on May 16, 2022.

3. Represents shares withheld to cover taxes due upon the vesting of RSUs and PSUs that were previously granted by the Issuer.

4. Represents an award of Restricted Stock Units ("RSUs") granted on May 16, 2022. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in four equal annual installments beginning on May 16, 2023.

Remarks:

	/s/ Justin Fontaine, Attorney-in-Fact for Ravi Vig	05/18/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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