RUDOLPH TECHNOLOGIES INC 4
4 · RUDOLPH TECHNOLOGIES INC · Filed Feb 21, 2017
Insider Transaction Report
Form 4
Chan Chun Hoy
Other
Transactions
- Award
Common Stock
2017-02-16+3,126→ 22,570 total
Footnotes (1)
- [F1]On January 27, 2016, the Compensation Committee of Rudolph Technologies' Board of Directors established targets for the award of performance-based Restricted Stock Units ("RSU's") such that the number of RSU's issued under the award would be contingent on the Company achieving certain revenue and non-GAAP operating income goals for fiscal year 2016 (the "Metrics"). Effective upon the receipt of the Company's 2016 audited financial results from its independent auditors, a final determination of the number of performance-based RSU's to be awarded was made based on achievement against the 2016 Metrics. The awarded performance-based RSU's are still subject to a service requirement such that the award shall vest with respect to twenty percent (20%) of the shares subject to the award (rounded down to the next whole number of shares) on February 16, 2017 and on each of the subsequent four (4) years vesting annually on January 27.