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VEECO INSTRUMENTS INC — Director's Dealing 2014
Jun 13, 2014
31958_dirs_2014-06-13_7404cb45-386d-421f-9bae-3932ff553dcd.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: 2014-06-11
Reporting Person: Miller William John (EVP Process Equipment)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-06-11 | Common Stock | F | 1204 | $33.02 | Disposed | 52718 | Direct |
| 2014-06-12 | Common Stock | A | 3350 | — | Acquired | 56068 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-06-12 | Stock Option (right to purchase) | $32.67 | A | 12410 | Acquired | 2021-06-11 | common stock (12410) | Direct |
| 2014-06-12 | Restricted Stock Unit | $0 | A | 8370 | Acquired | common stock (8370) | Direct |
Footnotes
F1: Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.
F2: These shares were acquired pursuant to a restricted stock award under the Veeco Instruments Inc. 2010 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to 1/3 of such shares on each of the second, third and fourth anniversaries of the date of grant.
F3: The option will become exercisable with respect to 1/3 of such shares on each of the first, second and third anniversaries of the date of grant.
F4: Reflects an award of restricted stock units granted under the Veeco Instruments Inc. 2010 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Veeco common stock. This award will vest if and when certain performance criteria is achieved. If the performance criteria is met, vested shares will be delivered to the reporting person on the date provided in the performance criteria.