James J. Kim - Feb 16, 2024 Form 4 Insider Report for AMKOR TECHNOLOGY, INC. (AMKR)

Role
Director, Member of 10% owner group (5), 10%+ Owner
Signature
Mark N. Rogers, Attorney-in-Fact for James J. Kim
Stock symbol
AMKR
Transactions as of
Feb 16, 2024
Transactions value $
-$27,669
Form type
4
Date filed
2/21/2024, 05:02 PM
Previous filing
Feb 13, 2024
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMKR Common Stock Options Exercise $0 +2.24K +0.28% $0.00 803K Feb 16, 2024 Direct
transaction AMKR Common Stock Tax liability -$27.7K -922 -0.11% $30.01 802K Feb 16, 2024 Direct F1
holding AMKR Common Stock 7.83M Feb 16, 2024 By John T. Kim Family Trust U/A dtd. 12/11/12 F2, F3
holding AMKR Common Stock 165K Feb 16, 2024 By self as Trustee of Trust U/A dtd. 12/11/12 F2, F3
holding AMKR Common Stock 1.96M Feb 16, 2024 By John T. Kim G-S Trust dtd 12/11/12 F2, F3
holding AMKR Common Stock 1.34M Feb 16, 2024 By self as Trustee of own GRATs F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMKR Restricted Stock Units Options Exercise $0 -2.24K -24.37% $0.00 6.96K Feb 16, 2024 Common Stock 2.24K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction represents shares withheld by Amkor Technology, Inc. (the "Issuer") in connection with the vesting of certain restricted stock units ("RSUs") granted to the Reporting Person on February 16, 2023 (the "Grant Date") pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and the related award agreement. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
F2 The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of the Reporting Person's pecuniary interest therein, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), or for any other purpose.
F3 The Reporting Person is (i) a trustee of grantor retained annuity trusts of which he was the settlor and is the sole annuitant which own 1,338,097 shares of the Issuer's Common Stock, (ii) a trustee of trusts for the benefit of his immediate family members which own 9,786,032 shares of the Issuer's Common Stock and (iii) a trustee of a trust which is a controlling member of a limited liability company being treated as a corporation for purposes of Section 16, which limited liability company holds 164,678 shares of the Issuer's Common stock. Pursuant to the Form 4 instructions, the Reporting Person is being treated as having a pecuniary interest in all of such shares.
F4 On the Grant Date, the Reporting Person was granted 9,279 RSUs which vest in four equal annual installments beginning on the first anniversary of the Grant Date.

Remarks:

(5) The Reporting Person states that the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities owned by the other members of the group, for the purpose of Section 16, or for any other purpose.