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VEECO INSTRUMENTS INC — Director's Dealing 2018
Feb 23, 2018
31958_dirs_2018-02-23_da481cda-f0d3-4137-9797-c94014062ca6.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: 2008-02-21
Reporting Person: PEELER JOHN R (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-02-21 | Common Stock | M | 3313 | — | Acquired | 381040.0905 | Direct |
| 2018-02-21 | Common Stock | F | 1657 | $18.35 | Disposed | 379383.0905 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-21 | Performance Based Restricted Stock Units | $0 | M | 5521 | Disposed | Common Stock (5521) | 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 3,314 PRSUs will vest on February 21, 2019. 2,208 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.