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VEECO INSTRUMENTS INC — Director's Dealing 2013
Nov 6, 2013
31958_dirs_2013-11-06_c06701ac-8d6a-41ea-bbdb-90b36b72037e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VEECO INSTRUMENTS INC (VECO)
CIK: 0000103145
Period of Report: 2013-11-04
Reporting Person: Collingwood Peter (SVP WW Sales & Field Service)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-11-04 | Common Stock | M | 1167 | — | Acquired | 19905 | Direct |
| 2013-11-04 | Common Stock | F | 280 | $29.32 | Disposed | 19625 | Direct |
| 2013-11-04 | Common Stock | M | 3334 | — | Acquired | 22959 | Direct |
| 2013-11-04 | Common Stock | F | 800 | $29.32 | Disposed | 22159 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-04 | Restricted Stock Unit | $0 | M | 1167 | Disposed | common stock (1167) | Direct | |
| 2013-11-04 | Restricted Stock Unit | $0 | M | 3334 | Disposed | common stock (3334) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive, at settlement, one share of Veeco common stock. This transaction represents the settlement of vested restricted stock units in shares of common stock.
F2: Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock units.
F3: This restricted stock unit award was granted on June 11, 2010 and vests with respect to 1/3 of such shares on each of the second, third and fourth anniversaries of the date of grant. Vested shares will be delivered to the reporting person on the vesting date. The vesting of the award scheduled to vest in June 2013 was delayed until November 4, 2013 due to Veeco's accounting review and Veeco's inability to file its 2012 annual report on Form 10K with the SEC until November 4, 2013.
F4: This restricted stock unit award was granted on June 18, 2009 and vests with respect to 1/3 of such shares on each of the second, third and fourth anniversaries of the date of grant. Vested shares will be delivered to the reporting person on the vesting date. The vesting of the award scheduled to vest in June 2013 was delayed until November 4, 2013 due to Veeco's accounting review and Veeco's inability to file its 2012 annual report on Form 10K with the SEC until November 4, 2013.