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VEECO INSTRUMENTS INC Director's Dealing 2018

Feb 23, 2018

31958_dirs_2018-02-23_253cb4ba-2d39-481c-b017-7fe2a01d5ff5.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: 2018-02-21

Reporting Person: Miller William John (President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-02-21 Common Stock M 1569 Acquired 98394 Direct
2018-02-21 Common Stock F 852 $18.35 Disposed 97542 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-02-21 Performance Based Restricted Stock Units $0 M 2615 Disposed Common Stock (2615) Direct

Footnotes

F1: Represents the issuance of shares upon the vesting of performance-based restricted stock units (PRSUs) granted on June 12, 2014 under Veeco's 2010 Stock Incentive Plan.

F2: Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.

F3: Represents the vesting and forfeiture of certain PRSUs granted on June 12, 2014, based on partial achievement of performance criteria and other terms specified in the award agreement. Subject to the executive's continued employment, an additional 1,570 PRSUs will vest on February 21, 2019. 1,046 of the PRSUs granted on June 12, 2014 were deemed to have not been earned and were forfeited in accordance with the terms of the award. The performance period for this component of the award ended December 31, 2017.