4//SEC Filing
KIERNAN JOHN P 4
Accession 0001415889-25-008399
CIK 0000103145other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:25 PM ET
Size
16.5 KB
Accession
0001415889-25-008399
Insider Transaction Report
Form 4
KIERNAN JOHN P
SVP Finance & Corp. Controller
Transactions
- Award
Performance Based Restricted Stock Unit
2025-03-14+26,000→ 26,000 total→ common stock (26,000 underlying) - Exercise/Conversion
Common Stock
2025-03-14+4,083→ 10,187 total - Award
Restricted Stock Unit
2025-03-14+14,000→ 14,000 total→ common stock (14,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-03-14−4,083→ 8,167 totalExercise: $0.00From: 2025-03-14→ common stock (4,083 underlying) - Tax Payment
Common Stock
2025-03-14$21.30/sh−2,056$43,793→ 8,131 total - Tax Payment
Common Stock
2025-03-17$21.48/sh−2,290$49,189→ 5,841 total
Holdings
- 70,142(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]These restricted stock units (RSUs) were acquired pursuant to an award under the Veeco Instruments 2019 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to 1/3 of such RSUs on each of the first, second and third anniversaries of the date of grant. Vested shares of Veeco common stock will be delivered to the reporting person on the vesting date.
- [F2]Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Veeco common stock.
- [F4]On March 14, 2025, the reporting person was granted the contingent right to receive 26,000 performance-based restricted stock units ("PRSUs"). This contingent right is subject to the reporting person's continued service with the Company and the achievement of three-year performance criteria, which is 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 represents 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. If the Criteria are not achieved, the award will be forfeited. Subject to having been earned, vested shares will be delivered to the reporting person on the date specified in the award agreement, but in no case earlier than the third anniversary of the grant date.
Documents
Issuer
VEECO INSTRUMENTS INC
CIK 0000103145
Entity typeother
Related Parties
1- filerCIK 0001251708
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:25 PM ET
- Size
- 16.5 KB