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ONTO INNOVATION INC. Director's Dealing 2017

Feb 28, 2017

30874_dirs_2017-02-28_1a90c8e0-fbf9-4594-9d9e-5bf229f3e928.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NANOMETRICS INC (NANO)
CIK: 0000704532
Period of Report: 2017-02-24

Reporting Person: Stultz Timothy J (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-02-24 Common Stock M 16000 $0.00 Acquired 311740 Direct
2017-02-24 Common Stock S 15305 $0.00 Disposed 296435 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-02-24 Performance Stock Units $ M 16000 Disposed 2018-02-24 Common Stock (16000) Direct

Footnotes

F1: Shares are represented by performance stock units. Each performance stock unit represents a contingent right to receive one share of NANO common stock. The performance stock units vest on an annual basis, in equal 1/3rd target increments, over a three-year period, provided that certain price performance targets are met. 2/3rds will vest for each increment if target price performance is met for that increment and 100% will vest if maximum price performance is met for that increment.