VEECO INSTRUMENTS INC — Director's Dealing 2016

Apr 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VEECO INSTRUMENTS INC (VECO)
CIK: 0000103145
Period of Report: 2016-04-19

Reporting Person: PEELER JOHN R (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-04-19	Common Stock	M	75000	$12.36	Acquired	321918	Direct
2016-04-19	Common Stock	F	61832	$19.39	Disposed	260086	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-04-19	Stock Option (right to purchase)	$12.36	M	75000	Disposed	2016-06-28	common stock (75000)	Direct

Footnotes

F1: Represents a "net exercise" of outstanding stock options. These shares were withheld by Veeco Instruments Inc. for payment of the exercise price and applicable taxes, based on the fair market value of Veeco common stock at the time of exercise, as determined under the Veeco Instruments Inc. 2000 Stock Incentive Plan.

F2: The option was granted on June 29, 2009 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.