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VEECO INSTRUMENTS INC — Director's Dealing 2014
Jan 23, 2014
31958_dirs_2014-01-23_068090ce-bf1f-4b8f-9b63-74d00fe86e74.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: 2014-01-21
Reporting Person: Glass David D. (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-21 | Common Stock | F | 3214 | $35.21 | Disposed | 9654 | Direct |
| 2014-01-22 | Common Stock | M | 33334 | $32.58 | Acquired | 42988 | Direct |
| 2014-01-22 | Common Stock | M | 10000 | $33.00 | Acquired | 52998 | Direct |
| 2014-01-22 | Common Stock | M | 15000 | $34.13 | Acquired | 67988 | Direct |
| 2014-01-22 | Common Stock | S | 58334 | $37.52 | Disposed | 9654 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-22 | Stock Option (right to purchase) | $32.58 | M | 33334 | Disposed | 2017-01-17 | common stock (33334) | Direct |
| 2014-01-22 | Stock Option (right to purchase) | $33.00 | M | 10000 | Disposed | 2022-05-24 | common stock (10000) | Direct |
| 2014-01-22 | Stock Option (right to purchase) | $34.13 | M | 15000 | Disposed | 2020-06-10 | common stock (15000) | Direct |
Footnotes
F1: Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.
F2: Represents securities sold pursuant to a 105b5-1 sales plan adopted by the reporting person.
F3: Reflects weighted average sale price. Actual sale prices ranged from $37.50 to $37.57 per share. The reporting person undertakes to provide, upon the request of the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4: The option was granted on January 18, 2010 and became exercisable with respect to 1/3 of such shares on each of the first, second and third anniversaries of the date of grant.
F5: The option was granted on May 25, 2012 and became exercisable with respect to 1/3 of such shares on each of the first, second and third anniversaries of the date of grant.
F6: The option was granted on June 11, 2010 and became exercisable with respect to 1/3 of such shares on each of the first, second and third anniversaries of the date of grant.