VEECO INSTRUMENTS INC 4
4 · VEECO INSTRUMENTS INC · Filed Sep 8, 2014
Insider Transaction Report
Form 4
Collingwood Peter
SVP WW Sales & Field Service
Transactions
- Exercise/Conversion
Common Stock
2014-09-04$34.13/sh+25,800$880,554→ 32,785 total - Tax Payment
Common Stock
2014-09-04$34.86/sh−38,276$1,334,301→ 7,842 total - Exercise/Conversion
Common Stock
2014-09-04$33.00/sh+13,333$439,989→ 46,118 total - Exercise/Conversion
Stock Option (right to purchase)
2014-09-04−25,800→ 0 totalExercise: $34.13Exp: 2020-06-10→ common stock (25,800 underlying) - Exercise/Conversion
Stock Option (right to purchase)
2014-09-04−13,333→ 6,667 totalExercise: $33.00Exp: 2022-05-24→ common stock (13,333 underlying)
Footnotes (4)
- [F1]As previously disclosed in a Current Report on Form 8-K filed with the SEC on August 25, 2014, Mr. Collingwood has notified the Issuer of his intention to resign to pursue an employment opportunity based in the United Kingdom, where he resides. His last day will be September 19, 2014. These options would expire if not exercised on or before such date.
- [F2]The option was granted on June 11, 2010 and became exercisable with respect to 1/3 of such shares on each of the first, second and third anniversaries of the date of grant.
- [F3]The option was granted on May 25, 2012 and became exercisable with respect to 1/3 of such shares on each of the first, second and third anniversaries of the date of grant.
- [F4]Represents securities surrendered to Veeco to pay the option exercise price and to satisfy tax withholding obligations due upon the exercise.