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ONTO INNOVATION INC. — Director's Dealing 2017
Feb 11, 2017
30874_dirs_2017-02-10_ff807b5e-c08e-418a-bc49-30441ff5d8b3.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: 2017-02-08
Reporting Person: Andreson Jeff (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-08 | Common Stock | A | 16200 | $0.00 | Acquired | 83518 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-08 | Performance Stock Units | $ | A | 8100 | Acquired | 2020-02-08 | Common Stock (8100) | Direct |
Footnotes
F1: Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of NANO common stock. The restricted stock units vest on an annual basis, in equal 1/3rd increments, over a three-year period from the award date.
F2: Includes 486 shares purchased on December 30, 2016, pursuant to the Issuer's Employee Stock Purchase Plan.
F3: 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.