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AMTECH SYSTEMS INC — Director's Dealing 2024
Mar 4, 2024
33995_dirs_2024-03-04_5007d4d0-ef68-4273-bb6f-4d7a32e4adae.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AMTECH SYSTEMS INC (ASYS)
CIK: 0000720500
Period of Report: 2024-02-29
Reporting Person: DAIGLE ROBERT C (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Amtech Systems, Inc. $0.01 par value common stock | M | 7854 | — | Acquired | 108056 | Direct |
| 2024-03-01 | Amtech Systems, Inc. $0.01 par value common stock | F | 2603 | $4.83 | Disposed | 105453 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | Restricted Stock Units | $0 | M | 7854 | Disposed | Amtech Systems, Inc. $0.01 par value common stock (7854) | Direct | |
| 2024-02-29 | Amtech Systems, Inc. Employee Stock Option | $6 | A | 400000 | Acquired | 2029-03-01 | Amtech Systems, Inc. $0.01 par value common stock (400000) | Direct |
Footnotes
F1: Amtech Systems, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory tax withholding obligations. The value of the vested shares (and the taxable income) is calcualted based on the closing price on the vesting date.
F2: Each restricted stock unit represents a contingent right to receive one share of Common Stock of Amtech Systems, Inc.
F3: The restricted stock units were granted on March 1, 2023, with full vesting to occur on the first anniversary of the grant date.
F4: The option price represents a premium of approximately 25% to the closing price of the Company's common stock on February 29, 2024, the date of grant.
F5: The option vests in one-third increments commencing on August 8, 2024, February 8, 2025, and August 8, 2025.