Adrian Devasahayam - 18 Mar 2024 Form 4 Insider Report for VEECO INSTRUMENTS INC (VECO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Mar 2024, 16:25:09 UTC
Prior SEC filing
18 Mar 2024
Next SEC filing
12 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kirk W. Mackey, Attorney-in-Fact

Key filing fact

Adrian Devasahayam filed Form 4 for VEECO INSTRUMENTS INC (VECO) on 20 Mar 2024.

Key facts

  • This page summarizes Adrian Devasahayam's Form 4 filing for VEECO INSTRUMENTS INC (VECO).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 20 Mar 2024, 16:25.

Change

  • Previous filing in this sequence was filed on 18 Mar 2024.
  • Current net transaction value: -$613,866.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VECO transaction

Common Stock

Tax liability

Transaction value
$35,494
Shares
-1,052
Change %
-1.6%
Price
$33.74
Shares after
66,226
Date
18 Mar 2024
Ownership
Direct
Footnotes
F1
VECO transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+39,000
Change %
+59%
Price
$0.000000
Shares after
105,226
Date
19 Mar 2024
Ownership
Direct
Footnotes
F2
VECO transaction

Common Stock

Tax liability

Transaction value
$578,371
Shares
-17,142
Change %
-16%
Price
$33.74
Shares after
88,084
Date
19 Mar 2024
Ownership
Direct
Footnotes
F1
* 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

Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.

Footnote F2

On March 21, 2021, 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 200% level, which was realized.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .