VEECO INSTRUMENTS INC — Director's Dealing 2020

May 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VEECO INSTRUMENTS INC (VECO)
CIK: 0000103145
Period of Report: 2020-05-07

Reporting Person: Miller William John (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-07	Common Stock	A	11150	—	Acquired	239181	Direct
2020-05-07	Common Stock	F	5461	$10.89	Disposed	233720	Direct
2020-05-07	Common Stock	A	1750	—	Acquired	235470	Direct
2020-05-07	Common Stock	F	857	$10.89	Disposed	234613	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-07	Performance Based Restricted Stock Units	$0	M	11150	Disposed		Common Stock (11150)	Direct
2020-05-07	Performance Based Restricted Stock Units	$0	M	1750	Disposed		Common Stock (1750)	Direct

Footnotes

F1: Represents the issuance of shares upon the vesting of performance-based restricted stock units (PRSUs) granted on June 14, 2016 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 issuance of shares upon the vesting of performance-based restricted stock units (PRSUs) granted on December 14, 2016 under Veeco's 2010 Stock Incentive Plan.

F4: Represents the vesting of PRSUs based on the achievement of the performance criteria and other terms specified in the June 14, 2016 award agreement. The performance period of this award ended on March 31, 2020, and the vesting occurred on May 7, 2020, the date of the Company's filing of its first quarter 2020 10-Q report.

F5: Represents the vesting of PRSUs based on the achievement of the performance criteria and other terms specified in the December 14, 2016 award agreement. The performance period of this award ended on March 31, 2020, and the vesting occurred on May 7, 2020, the date of the Company's filing of its first quarter 2020 10-Q report.