Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VECO | Common Stock | Tax liability | -$77.3K | -2.29K | -16.24% | $33.74 | 11.8K | Mar 18, 2024 | Direct | F1 |
transaction | VECO | Common Stock | Options Exercise | $0 | +45.5K | +385.23% | $0.00 | 57.3K | Mar 19, 2024 | Direct | F2 |
transaction | VECO | Common Stock | Tax liability | -$775K | -23K | -40.06% | $33.74 | 34.4K | Mar 19, 2024 | Direct | F1 |
holding | VECO | Common Stock | 65.5K | Mar 18, 2024 | By Family Trust |
Id | Content |
---|---|
F1 | Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock. |
F2 | On March 12, 2021, the reporting person was granted the contingent right to receive 22,750 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. |