Key facts
- This page summarizes Adrian Devasahayam's Form 4 filing for VEECO INSTRUMENTS INC (VECO).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 27 Mar 2023, 16:30.
Adrian Devasahayam - 23 Mar 2023 Form 4 Insider Report for VEECO INSTRUMENTS INC (VECO)
- Reporting relationship
- SVP - PRODUCT LINE DEVELOPMENT
- Issuer ticker
- VECO
- Reported as of
- 23 Mar 2023
- Net transaction value
- -$299,545
- SEC form
- 4
- Accepted by SEC
- 27 Mar 2023, 16:30:11 UTC
- Prior SEC filing
- 21 Mar 2023
- Next SEC filing
- 12 Jul 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kirk W. Mackey, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Adrian Devasahayam filed Form 4 for VEECO INSTRUMENTS INC (VECO) on 27 Mar 2023.
Change
- Previous filing in this sequence was filed on 21 Mar 2023.
- Current net transaction value: -$299,545.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VECO
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +37,284
- Change %
- +65%
- Price
- $0.000000
- Shares after
- 94,664
- Date
- 23 Mar 2023
- Ownership
- Direct
- Footnotes
- F1
VECO
transaction
Common Stock
Tax liability
- Transaction value
- $299,545
- Shares
- -14,422
- Change %
- -15%
- Price
- $20.77
- Shares after
- 80,242
- Date
- 23 Mar 2023
- Ownership
- Direct
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On March 17, 2020, the reporting person was granted the contingent right to receive 19,500 performance-based restricted stock units ("PRSUs"). This contingent right was subject to the reporting person's continued service with the Company and the achievement of three-year performance criteria, which was based on the Company's total shareholder return relative to other companies in the Russell 2000 as specified in the award agreement (the "Criteria"). Each PRSU represented the contingent right to receive one share of Veeco common stock. The award, if earned, could range from 50% to 200% of the granted PRSUs based on the achievement of the Criteria. The common stock award reflected in this filing represents achievement at the 191.2%, level, which was realized.
Footnote F2
Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.