Agnes C. Kim - Feb 22, 2023 Form 4 Insider Report for AMKOR TECHNOLOGY, INC. (AMKR)

Signature
Mark N. Rogers, Attorney-in-Fact for Agnes C. Kim
Stock symbol
AMKR
Transactions as of
Feb 22, 2023
Transactions value $
$47,872,241
Form type
4
Date filed
2/24/2023, 06:15 PM
Previous filing
Feb 21, 2023
Next filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMKR Common Stock Other $9.71M +384K +0.55% $25.28 69.8M Feb 22, 2023 By spouse F1, F2
transaction AMKR Common Stock Other $9.71M +384K +0.55% $25.28 70.2M Feb 22, 2023 By spouse F2, F3
transaction AMKR Common Stock Other $9.71M +384K +0.55% $25.28 70.6M Feb 22, 2023 By spouse F2, F4
transaction AMKR Common Stock Other $9.71M +384K +0.54% $25.28 70.9M Feb 22, 2023 By spouse F2, F5
transaction AMKR Common Stock Other $9.71M +384K +0.54% $25.28 71.3M Feb 22, 2023 By spouse F2, F6
transaction AMKR Common Stock Award $0 +59.5K +0.08% $0.00 71.4M Feb 22, 2023 By spouse F2, F7
transaction AMKR Common Stock Tax liability -$639K -25.3K -0.04% $25.28 71.4M Feb 22, 2023 By spouse F2, F8
transaction AMKR Common Stock Options Exercise $0 +2.6K +0% $0.00 71.4M Feb 24, 2023 By spouse F2, F9
transaction AMKR Common Stock Tax liability -$26.6K -1.05K 0% $25.27 71.4M Feb 24, 2023 By spouse F2, F10
holding AMKR Common Stock 3.28M Feb 22, 2023 Direct

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 -2.6K -24.18% $0.00 8.15K Feb 24, 2023 Common Stock 2.6K $0.00 By spouse F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 22, 2023, the Irrevocable Deed of Trust of James J. Kim for Alexandra Kim Panichello dated 12/24/92 sold 384,000 shares of Common Stock of Amkor Technology, Inc. (the "Issuer") to James J. Kim in full payment of the principal and accrued interest of a note payable to Mr. Kim by such trust. Mr. Kim is the spouse of the Reporting Person. This transaction is exempt pursuant to Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), and is voluntarily reported.
F2 James J. Kim is the spouse of the Reporting Person. 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, or for any other purpose.
F3 On February 22, 2023, the Irrevocable Deed of Trust of James J. Kim for Allyson Lee Kim dated 10/15/01 sold 384,000 shares of the Issuer's Common Stock to James J. Kim in full payment of the principal and accrued interest of a note payable to Mr. Kim by such trust. Mr. Kim is the spouse of the Reporting Person. This transaction is exempt pursuant to Section 16 and is voluntarily reported.
F4 On February 22, 2023, the Irrevocable Deed of Trust of James J. Kim for Dylan James Panichello dated 10/15/01 sold 384,000 shares of the Issuer's Common Stock to James J. Kim in full payment of the principal and accrued interest of a note payable to Mr. Kim by such trust. Mr. Kim is the spouse of the Reporting Person. This transaction is exempt pursuant to Section 16 and is voluntarily reported.
F5 On February 22, 2023, the Irrevocable Deed of Trust of James J. Kim for Jacqueline Mary Panichello dated 10/3/94 sold 384,000 shares of the Issuer's Common Stock to James J. Kim in full payment of the principal and accrued interest of a note payable to Mr. Kim by such trust. Mr. Kim is the spouse of the Reporting Person. This transaction is exempt pursuant to Section 16 and is voluntarily reported.
F6 On February 22, 2023, the Irrevocable Deed of Trust of James J. Kim, Settlor, FBO Jason Lee Kim dated 11/17/03 sold 384,000 shares of the Issuer's Common Stock to James J. Kim in full payment of the principal and accrued interest of a note payable to Mr. Kim by such trust. Mr. Kim is the spouse of the Reporting Person. This transaction is exempt pursuant to Section 16 and is voluntarily reported.
F7 This Form 4 reports the vesting on February 22, 2023 of 59,477 shares of the Issuer's Common Stock underlying performance-vested restricted stock units ("PSUs") granted to the spouse of the Reporting Person on February 11, 2021 pursuant to the Issuer's Second Amended and Restated 2007 Equity Incentive Plan, as amended, and the related award agreement. The PSUs vested based on the attainment of a basic cumulative earnings per share performance goal over a two-year performance period beginning January 1, 2021 and ending on December 31, 2022.
F8 The transaction represents shares of the Issuer's Common Stock withheld by the Issuer in connection with the vesting of PSUs to satisfy the tax withholding obligations of the Reporting Person's spouse. The Issuer will pay these taxes on behalf of the Reporting Person's spouse.
F9 On February 24, 2022 (the "RSU Grant Date"), the Reporting Person's spouse was granted 10,748 time-vested restricted stock units ("RSUs") pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and the applicable award agreement. The RSUs convert into shares of the Issuer's Common Stock on a one-to-one basis and vest in four equal annual installments beginning on the first anniversary of the RSU Grant Date.
F10 The transaction represents shares withheld by the Issuer in connection with the vesting of certain RSUs granted to the spouse of the Reporting Person on the RSU Grant Date. These shares were withheld to satisfy the tax withholding obligations of the Reporting Person's spouse. The Issuer will pay these taxes on behalf of the Reporting Person's spouse.

Remarks:

(11) 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.