ULTRATECH INC 4
4 · ULTRATECH INC · Filed Jun 2, 2016
Insider Transaction Report
Form 4
ULTRATECH INCUTEK
GEMUNDER JOEL F
Director
Transactions
- Exercise/Conversion
Common Stock
2016-05-31$13.51/sh+8,000$108,080→ 65,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2016-05-31−8,000→ 0 totalExercise: $13.51Exp: 2016-07-17→ Common Stock (8,000 underlying)
Footnotes (2)
- [F1]Includes 6,000 shares subject to a restricted stock award granted on July 21, 2015 that will vest in full upon the earlier of (i) the Reporting Person's completion of one year of Board service measured from the award date or (ii) the Reporting Person's continuation in Board service through the day immediately prior to the Issuer's next Annual Stockholders' meeting.
- [F2]The option became exercisable upon the Reporting Person's completion of one (1) year of Board service with the Issuer measured from the date of grant.