Form 4 for VECO VEECO INSTRUMENTS INC
Accepted 2024-03-20 00:00:00 ET · period of report 2024-03-18 · accession 0001415889-24-008755 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-03-20 | 2024-03-18+ | VECO | Miller William John | CEO, Dir | F - Tax | $33.74 | -86.8K | 492.9K | -15% | -$2.93M |
| 2024-03-20 | 2024-03-19 | VECO | Miller William John | CEO, Dir | M - OptEx | $0.00 | +156.0K | 648.9K | +32% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-19 | F | D | 79,638 | $33.74 | 569,292 | D | — | — | (F1) Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock. |
| 2 | Common | Common Stock | 2024-03-19 | M | A | 156,000 | $0.00 | 648,930 | D | — | — | (F2) On March 12, 2021, the reporting person was granted the contingent right to receive 78,000 performance-based restricted stock units ("PRSUs"). This contingent right was subject to the reporting person's continued service with the Company and the achievement of three-year performance criteria, which was based on the Company's total shareholder return relative to other companies in the Russell 2000 as specified in the award agreement (the "Criteria"). Each PRSU represented the contingent right to receive one share of Veeco common stock. The award, if earned, could range from 50% to 200% of the granted PRSUs based on the achievement of the Criteria. The common stock award reflected in this filing represents achievement at the 200% level, which was realized. |
| 3 | Common | Common Stock | 2024-03-18 | F | D | 7,147 | $33.74 | 492,930 | D | — | — | (F1) Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock. |