4//SEC Filing
Devasahayam Adrian 4
Accession 0001415889-24-008744
CIK 0000103145other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 4:25 PM ET
Size
8.7 KB
Accession
0001415889-24-008744
Insider Transaction Report
Form 4
Devasahayam Adrian
SVP - PRODUCT LINE DEVELOPMENT
Transactions
- Tax Payment
Common Stock
2024-03-18$33.74/sh−1,052$35,494→ 66,225.951 total - Exercise/Conversion
Common Stock
2024-03-19+39,000→ 105,225.951 total - Tax Payment
Common Stock
2024-03-19$33.74/sh−17,142$578,371→ 88,083.951 total
Footnotes (2)
- [F1]Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.
- [F2]On March 21, 2021, the reporting person was granted the contingent right to receive 19,500 performance-based restricted stock units ("PRSUs"). This contingent right was subject to the reporting person's continued service with the Company and the achievement of three-year performance criteria, which was based on the Company's total shareholder return relative to other companies in the Russell 2000 as specified in the award agreement (the "Criteria"). Each PRSU represented the contingent right to receive one share of Veeco common stock. The award, if earned, could range from 50% to 200% of the granted PRSUs based on the achievement of the Criteria. The common stock award reflected in this filing represents achievement at the 200% level, which was realized.
Documents
Issuer
VEECO INSTRUMENTS INC
CIK 0000103145
Entity typeother
Related Parties
1- filerCIK 0001811702
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 4:25 PM ET
- Size
- 8.7 KB