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VEECO INSTRUMENTS INC — Director's Dealing 2019
Feb 22, 2019
31958_dirs_2019-02-22_269c3fb7-ef8d-4cd8-9d03-1b21277a13d3.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: 2019-02-21
Reporting Person: KIERNAN JOHN P (SVP Finance & Treas.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-21 | Common Stock | M | 585 | — | Acquired | 33704 | Direct |
| 2019-02-21 | Common Stock | F | 230 | $11.67 | Disposed | 33474 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-21 | Performance Based Restricted Stock Units | $0 | M | 585 | Disposed | Common Stock (585) | 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 second half of the vesting of shares earned upon the partial achievement of performance criteria of PRSUs granted on June 12, 2014 (the performance period for which ended on December 31, 2017). The first half of the vesting of shares earned and the forfeiture of unearned shares from this award were reported on February 23, 2018.