4//SEC Filing
ULTRATECH INC 4
Accession 0000909791-17-000004
CIK 0000909791operating
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 3:10 PM ET
Size
16.5 KB
Accession
0000909791-17-000004
Insider Transaction Report
Form 4
ULTRATECH INCUTEK
ZAFIROPOULO ARTHUR W
DirectorChairman of the Board and CEO
Transactions
- Disposition to Issuer
Common Stock
2017-01-31$25.92/sh−4,227$109,564→ 792,160 total - Disposition to Issuer
Common Stock
2017-01-31$25.92/sh−1,056$27,372→ 783,709 total - Disposition to Issuer
Common Stock
2017-01-31$25.92/sh−4,227$109,564→ 787,933 total - Disposition to Issuer
Common Stock
2017-01-31$25.92/sh−1,056$27,372→ 786,877 total - Disposition to Issuer
Common Stock
2017-01-31$25.92/sh−1,056$27,372→ 785,821 total - Disposition to Issuer
Common Stock
2017-01-31$25.92/sh−1,056$27,372→ 784,765 total - Award
Common Stock
2017-01-31+90,000→ 873,709 total
Footnotes (8)
- [F1]Represents shares of the Issuer's common stock withheld in satisfaction of the applicable withholding taxes from the 12,000 shares of the Issuer's common stock that became issuable to the Reporting Person on January 31, 2017, pursuant to a restricted stock unit award granted July 22, 2013.
- [F2]Includes (i) 2,000 shares, (ii) 13,000 shares and (iii) 90,000, each subject to RSUs granted in 2013, 2014, and 2017 respectively. The RSUs granted in 2013 and 2014 vest in equal increments upon completion of each month of service over 50 months from the grant date. The underlying shares will be issued on January 31 following the year they vest (or in March 2017 or 2018, respectively, for the 2 monthly installments that vest in the final year). The RSUs granted in 2017 will vest and become payable 50 months after the date of grant. In each case, vesting and payment is subject to acceleration in certain circumstances.
- [F3]Represents shares of the Issuer's common stock withheld in satisfaction of the applicable withholding taxes from the 12,000 shares of the Issuer's common stock that became issuable to the Reporting Person on January 31, 2017, pursuant to a restricted stock unit award granted October 21, 2013.
- [F4]Represents shares of the Issuer's common stock withheld in satisfaction of the applicable withholding taxes from the 3,000 shares of the Issuer's common stock that became issuable to the Reporting Person on January 31, 2017, pursuant to a restricted stock unit award granted February 3, 2014.
- [F5]Represents shares of the Issuer's common stock withheld in satisfaction of the applicable withholding taxes from the 3,000 shares of the Issuer's common stock that became issuable to the Reporting Person on January 31, 2017, pursuant to a restricted stock unit award granted April 28, 2014.
- [F6]Represents shares of the Issuer's common stock withheld in satisfaction of the applicable withholding taxes from the 3,000 shares of the Issuer's common stock that became issuable to the Reporting Person on January 31, 2017, pursuant to a restricted stock unit award granted July 21, 2014.
- [F7]Represents shares of the Issuer's common stock withheld in satisfaction of the applicable withholding taxes from the 3,000 shares of the Issuer's common stock that became issuable to the Reporting Person on January 31, 2017, pursuant to a restricted stock unit award granted October 27, 2014.
- [F8]Represents restricted stock units (RSUs) awarded under the Issuer's 1993 Stock Option/Stock Issuance Plan. Each RSU will entitle the Reporting Person to one share of the Issuer's common stock upon the designated issuance date following the vesting of that RSU. The RSUs are scheduled to vest and become payable 50 months after the date of the grant, subject to the Reporting Person's continued service. The RSUs will vest in full on an accelerated basis, and the underlying shares of the Issuer's common stock will become immediately issuable, upon the Reporting Person's termination of service with the Issuer under certain circumstances. Certain portions of the award may also vest and become payable earlier than scheduled in connection with certain changes in the control of the issuer.
Documents
Issuer
ULTRATECH INC
CIK 0000909791
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000909791
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 3:10 PM ET
- Size
- 16.5 KB