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AMKOR TECHNOLOGY, INC. Director's Dealing 2023

Feb 25, 2023

30817_dirs_2023-02-24_fe579929-6024-4c4a-ab4a-89ee49d144c9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMKOR TECHNOLOGY, INC. (AMKR)
CIK: 0001047127
Period of Report: 2023-02-22

Reporting Person: Engel Kevin (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-02-22 Common Stock A 17843 $0.00 Acquired 18825 Direct
2023-02-22 Common Stock F 7804 $25.46 Disposed 11021 Direct
2023-02-23 Common Stock M 6250 $9.48 Acquired 17271 Direct
2023-02-23 Common Stock S 14250 $25.26 Disposed 3021 Direct
2023-02-24 Common Stock M 941 $0.00 Acquired 3962 Direct
2023-02-24 Common Stock F 392 $25.27 Disposed 3570 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-02-23 Employee Stock Option (Right-to-Buy) $9.48 M 6250 Disposed 2019-02-15 Common Stock (6250) Direct
2023-02-24 Restricted Stock Units $0.00 M 941 Disposed Common Stock (941) Direct

Footnotes

F1: This Form 4 reports the vesting on February 22, 2023 of 17,843 shares of common stock of Amkor Technology, Inc. (the "Issuer") underlying performance-vested restricted stock units ("PSUs") granted to the Reporting Person on February 11, 2021 pursuant to the Issuer's Second Amended and Restated 2007 Equity Incentive Plan, as amended, and the related award agreement. The PSUs vested based on the attainment of a basic cumulative earnings per share performance goal over a two-year performance period beginning January 1, 2021 and ending on December 31, 2022.

F2: The transaction represents shares of the Issuer's common stock withheld by the Issuer in connection with the vesting of PSUs to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.25 to $25.30. The Reporting Person hereby undertakes to provide, upon request, to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.

F4: On February 24, 2022 (the "RSU Grant Date"), the Reporting Person was granted 3,761 time-vested restricted stock units ("RSUs") pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and the applicable award agreement. The RSUs convert into shares of the Issuer's common stock on a one-to-one basis and vest in four equal annual installments beginning on the first anniversary of the RSU Grant Date.

F5: The transaction represents shares withheld by the Issuer in connection with the vesting of certain RSUs granted to the Reporting Person on the RSU Grant Date. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.

F6: This stock option (the "Option") to acquire 100,000 shares of the Issuer's common stock (the "Option Shares") was granted on February 15, 2019 (the "Option Grant Date") and vested over four years as follows: (i) with respect to 25% of the Option Shares, on the first anniversary of the Option Grant Date; and (ii) with respect to the remainder of the Option Shares, in equal quarterly installments thereafter, such that 100% of the Option became vested on the fourth anniversary of the Option Grant Date.