John P. Kiernan - 12 Mar 2024 Form 4 Insider Report for VEECO INSTRUMENTS INC (VECO)

Signature
/s/ Kirk W. Mackey, Attorney-in-Fact
Issuer symbol
VECO
Transactions as of
12 Mar 2024
Net transactions value
-$124,240
Form type
4
Filing time
14 Mar 2024, 16:45:09 UTC
Previous filing
04 Jan 2024
Next filing
18 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VECO Common Stock Tax liability $69,975 -2,016 -14% $34.71 12,497 12 Mar 2024 Direct F1
transaction VECO Common Stock Options Exercise $0 +3,150 +25% $0.000000 15,647 13 Mar 2024 Direct F2
transaction VECO Common Stock Tax liability $54,265 -1,546 -9.9% $35.10 14,101 13 Mar 2024 Direct F1
holding VECO Common Stock 65,459 12 Mar 2024 By Family Trust

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 VECO Restricted Stock Unit Options Exercise $0 -3,150 -33% $0.000000 6,300 13 Mar 2024 common stock 3,150 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.
F2 These shares were acquired pursuant to a restricted stock award under the Veeco Instructions Inc. 2019 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to one-third of such shares on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued service through such dates.