VEECO INSTRUMENTS INC 4
4 · VEECO INSTRUMENTS INC · Filed Nov 6, 2013
Insider Transaction Report
Form 4
Glass David D.
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2013-11-04+667→ 35,563 total - Exercise/Conversion
Restricted Stock Unit
2013-11-04−667→ 0 totalExercise: $0.00→ common stock (667 underlying) - Tax Payment
Common Stock
2013-11-04$29.32/sh−247$7,242→ 35,316 total
Footnotes (2)
- [F1]These shares were acquired pursuant to a restricted stock unit award granted on June 11, 2010 under the Veeco Instruments 2010 Stock Incentive Plan. Vesting of these shares was conditioned on the achievement of certain performance criteria. This criteria was met and, as a result, the restrictions on one-third of these awards lapsed on August 2, 2011 (the "Initial Vesting Date"). The restrictions on an additional one-third of these shares was scheduled to lapse on each of the first and second anniversaries of the Initial Vesting Date. The vesting of the award scheduled to vest in August 2013 was delayed until November 4, 2013 due to Veeco's accounting review and Veeco's inability to file its 2012 annual report on Form 10-K with the SEC until November 4, 2013.
- [F2]Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock units.