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ONTO INNOVATION INC. — Director's Dealing 2019
Feb 25, 2019
30874_dirs_2019-02-25_f922448b-5a1f-4164-bce9-d43a17d64af5.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: 2019-02-23
Reporting Person: Kocher Rollin (SVP, Sales and Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-23 | Common Stock | M | 2423 | $0.00 | Acquired | 40468 | Direct |
| 2019-02-23 | Common Stock | F | 3067 | $29.59 | Disposed | 37401 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-23 | Performance Stock Unit | $ | M | 2423 | Disposed | 2021-02-23 | Common Stock (2423) | 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.
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