VEECO INSTRUMENTS INC — Director's Dealing 2020

Aug 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VEECO INSTRUMENTS INC (VECO)
CIK: 0000103145
Period of Report: 2020-08-03

Reporting Person: KIERNAN JOHN P (SVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-03	Common Stock	A	1380	—	Acquired	56713	Direct
2020-08-03	Common Stock	F	649	$13.520	Disposed	56064	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-03	Performance Based Restricted Stock Units	$0	M	1760	Disposed		Common Stock (1760)	Direct

Footnotes

F1: Represents the vesting of a portion of the PRSUs granted on June 16, 2017 based on partial achievement of the performance criteria specified in the award agreement. The performance period for this component of the award ended August 3, 2020.

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 16, 2017, based on partial achievement of performance criteria and other terms specified in the award agreement. 380 of the PRSUs granted on June 16, 2017 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 August 3, 2020. 1,760 PRSUs remain eligible for vesting under, and subject to, the terms of the award agreement.