Glass David D. 4
4 · VEECO INSTRUMENTS INC · Filed May 30, 2012
Insider Transaction Report
Form 4
Glass David D.
EVP & CFO
Transactions
- Award
Common Stock
2012-05-25+9,500→ 38,532 total - Award
Stock Option (Right to Purchase)
2012-05-25$33.00/sh+30,000$990,000→ 30,000 totalExercise: $33.00Exp: 2022-05-24→ common stock (30,000 underlying)
Footnotes (2)
- [F1]These shares were acquired pursuant to a restricted stock award under the Veeco Instruments Inc. 2010 Stock Incentive Plan and are subject to certain restrictions. Vesting of these shares is conditioned on the achievement of certain performance criteria. If the designated performance criteria is met, then the restrictions will lapse with respect to one third of such shares on each of the second, third and fourth anniversaries of the grant date.
- [F2]The option will become exercisable with respect to 1/3 of such shares on each of the first, second and third anniversaries of the date of grant.