Farshad Haghighi - Feb 23, 2024 Form 4 Insider Report for AMKOR TECHNOLOGY, INC. (AMKR)

Role
Executive Vice President
Signature
Mark N. Rogers, Attorney-in-Fact for Farshad Haghighi
Stock symbol
AMKR
Transactions as of
Feb 23, 2024
Transactions value $
-$24,839
Form type
4
Date filed
2/27/2024, 04:42 PM
Previous filing
Feb 22, 2024
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMKR Common Stock Options Exercise $0 +1.82K +10.52% $0.00 19.1K Feb 23, 2024 Direct F1
transaction AMKR Common Stock Tax liability -$24.8K -812 -4.26% $30.59 18.3K Feb 23, 2024 Direct F1, F2

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 -1.82K -32.56% $0.00 3.76K Feb 23, 2024 Common Stock 1.82K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 22, 2024, the Reporting Person filed a Form 4 (the "Previous Form 4") which inadvertently underreported by 31 shares the number of shares of Amkor Technology, Inc. (the "Issuer") common stock ("Shares") withheld by the Issuer in connection with the vesting of performance-vested restricted stock units to satisfy the Reporting Person's tax withholding obligations. As a result, the Previous Form 4 inadvertently reported that the Reporting Person beneficially owned 17,292 Shares as of February 20, 2024, instead of 17,261. As of February 23, 2024, the Reporting Person beneficially owned 18,265 Shares.
F2 The transaction represents shares withheld by the Issuer in connection with the vesting of certain restricted stock units ("RSUs") granted to the Reporting Person on February 24, 2022 (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.
F3 On the Grant Date, the Reporting Person was granted 7,523 RSUs which vest in four equal annual installments beginning on the first anniversary of the Grant Date.