John P. Kiernan - Dec 15, 2023 Form 4 Insider Report for VEECO INSTRUMENTS INC (VECO)

Signature
/s/ Kirk W. Mackey, Attorney-in-Fact
Stock symbol
VECO
Transactions as of
Dec 15, 2023
Transactions value $
-$465,705
Form type
4
Date filed
12/19/2023, 04:38 PM
Previous filing
Dec 4, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VECO Common Stock Sale -$75.8K -2.44K -3.03% $31.08 78K Dec 15, 2023 By Family Trust F1, F2
transaction VECO Common Stock Sale -$263K -8.49K -10.88% $31.04 69.5K Dec 18, 2023 By Family Trust F1, F3
transaction VECO Common Stock Sale -$127K -4.08K -5.86% $31.05 65.5K Dec 19, 2023 By Family Trust F1, F4
holding VECO Common Stock 15.8K Dec 15, 2023 Direct
* 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 transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 22, 2023.
F2 Reflects average weighted purchase price. Actual purchase prices ranged from $31.00 to $31.10 per share. The reporting person undertakes to provide, upon the request of the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares purchased at each separate price.
F3 Reflects average weighted purchase price. Actual purchase prices ranged from $31.00 to $31.16 per share. The reporting person undertakes to provide, upon the request of the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares purchased at each separate price.
F4 Reflects average weighted purchase price. Actual purchase prices ranged from $31.00 to $31.17 per share. The reporting person undertakes to provide, upon the request of the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares purchased at each separate price.