John P. Kiernan - Jul 10, 2024 Form 4 Insider Report for VEECO INSTRUMENTS INC (VECO)

Signature
/s/ Kirk W. Mackey, Attorney-in-Fact
Stock symbol
VECO
Transactions as of
Jul 10, 2024
Transactions value $
-$121,138
Form type
4
Date filed
7/12/2024, 04:15 PM
Previous filing
Jun 11, 2024
Next filing
Aug 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VECO Common Stock Sale -$121K -2.5K -2.57% $48.46 94.8K Jul 10, 2024 By Family Trust F1, F2
* 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 February 29, 2024.
F2 Reflects average weighted purchase price. Actual purchase prices ranged from $47.91 to $48.94 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.