Farshad Haghighi - Feb 22, 2023 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 22, 2023
Transactions value $
-$192,531
Form type
4
Date filed
2/24/2023, 06:45 PM
Previous filing
Feb 17, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMKR Common Stock Award $0 +14.9K +1872.67% $0.00 15.7K Feb 22, 2023 Direct F1
transaction AMKR Common Stock Tax liability -$173K -6.78K -43.26% $25.46 8.89K Feb 22, 2023 Direct F2
transaction AMKR Common Stock Options Exercise $0 +1.82K +20.43% $0.00 10.7K Feb 24, 2023 Direct F3
transaction AMKR Common Stock Tax liability -$20K -792 -7.4% $25.27 9.91K Feb 24, 2023 Direct F4

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 -24.35% $0.00 5.64K Feb 24, 2023 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 This Form 4 reports the vesting on February 22, 2023 of 14,869 shares of common stock of Amkor Technology, Inc. (the "Issuer") underlying performance-vested restricted stock units ("PSUs") granted to 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.
F2 The transaction represents shares of the Issuer's common stock withheld by the Issuer in connection with the vesting of PSUs to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
F3 On February 24, 2022 (the "RSU Grant Date"), the Reporting Person was granted 7,523 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.
F4 The transaction represents shares withheld by the Issuer in connection with the vesting of certain RSUs granted to the Reporting Person on the RSU Grant Date. 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.