4//SEC Filing
Averick Robert M 4
Accession 0001104659-25-021752
CIK 0000720500other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:26 PM ET
Size
13.0 KB
Accession
0001104659-25-021752
Insider Transaction Report
Form 4
Averick Robert M
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2025-03-06+8,299→ 597,611 total - Exercise/Conversion
Restricted Stock Units
2025-03-06−8,299→ 8,081 total→ Common Stock (8,299 underlying)
Holdings
- 42,000
Director Stock Option (Right to Buy)
→ Common Stock (42,000 underlying) - 500(indirect: See footnote 3 below)
Common Stock
- 2,250,000(indirect: See footnote 2 below)
Common Stock
- 11,000(indirect: See footnote 4 below)
Common Stock
Footnotes (8)
- [F1]Pursuant to a Schedule 13D filed on January 25, 2016, as amended (as further amended from time to time, the "Schedule 13D"), (i) Piton Capital Partners LLC ("Piton"), Cornice Fiduciary Management LLC (as trustee of the Trust (as defined in the Schedule 13D)) and M3C Holdings LLC (collectively, the "Kokino Family Clients"), (ii) Mr. Averick, and (iii) OIH LLC also report beneficial ownership of shares of the Issuer's $.01 par value common stock ("Common Shares").
- [F2]Indicates 2,250,000 Common Shares beneficially owned by the Kokino Family Clients. Mr. Averick is a Portfolio Manager at Kokino LLC ("Kokino"). Mr. Averick manages the Kokino Family Clients' investment in the Issuer as a Portfolio Manager of Kokino. Mr. Averick holds an indirect interest in certain Common Shares through his minority ownership of Piton, which is a Kokino Family Client (which ownership may be held through Piton's managing member, Piton Capital Management LLC ("PCM")). Also, Mr. Averick's incentive compensation/allocation as an employee of Kokino and member of Piton, which are generally calculated in Kokino's discretion subject to Piton's and PCM's governing documents, may be based on the performance of Common Shares held by Kokino Family Clients. Such compensation/allocation may be paid or made in cash and/or by way of increasing Mr. Averick's interest in Piton (either directly or indirectly through PCM). Kokino is PCM's managing member.
- [F3]Indicates 500 Common Shares held in a custodial account for the benefit of an immediate family member of Mr. Averick.
- [F4]Indicates Common Shares held by Mr. Averick's spouse.
- [F5]Restricted stock units converted into Common Shares on a one-for-one basis.
- [F6]On March 6, 2024, Mr. Averick was granted 8,299 restricted stock units that vested on March 6, 2025.
- [F7]This is the total of all restricted stock units held by Mr. Averick as of the filing date of this Form 4.
- [F8]This is the total of all director stock options (right to buy), including those with different terms and conditions, held by Mr. Averick as of the filing date of this Form 4.
Documents
Issuer
AMTECH SYSTEMS INC
CIK 0000720500
Entity typeother
Related Parties
1- filerCIK 0001343599
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 4:26 PM ET
- Size
- 13.0 KB