Guillaume Marie Jean Rutten - Mar 15, 2024 Form 4 Insider Report for AMKOR TECHNOLOGY, INC. (AMKR)

Role
President and CEO, Director
Signature
Mark N. Rogers, Attorney-in-Fact for Guillaume Marie Jean Rutten
Stock symbol
AMKR
Transactions as of
Mar 15, 2024
Transactions value $
-$568,200
Form type
4
Date filed
3/19/2024, 05:46 PM
Previous filing
Feb 26, 2024
Next filing
Apr 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMKR Common Stock Options Exercise $213K +15K +11.15% $14.17* 149K Mar 15, 2024 Direct
transaction AMKR Common Stock Sale -$781K -25K -16.73% $31.23 124K Mar 15, 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 Employee Stock Option (Right-to-Buy) Options Exercise $0 -15K -15.29% $0.00 83.1K Mar 15, 2024 Common Stock 15K $14.17 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2023.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.92 to $31.62. The Reporting Person hereby undertakes to provide, upon request, to the staff of the Securities and Exchange Commission, Amkor Technology, Inc. (the "Issuer"), or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
F3 This stock option to acquire 375,000 shares of the Issuer's common stock was granted on July 30, 2020 and vested in equal quarterly installments over three years, such that 100% of the option vested on the third anniversary of the grant date.