JOHN P. KIERNAN - 14 Mar 2025 Form 4 Insider Report for VEECO INSTRUMENTS INC (VECO)

Role: SVP & CHIEF FINANCIAL OFFICER
Signature: /s/ Kirk W. Mackey, Attorney-in-Fact
Issuer symbol: VECO
Transactions as of: 14 Mar 2025
Net transactions value: -$92,982
Form type: 4
Filing time: 18 Mar 2025, 16:25:05 UTC
Previous filing: 14 Mar 2025
Next filing: 26 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VECO	Common Stock	Options Exercise	$0	+4,083	+67%	$0.000000	10,187	14 Mar 2025	Direct	F1
transaction	VECO	Common Stock	Tax liability	$43,793	-2,056	-20%	$21.30	8,131	14 Mar 2025	Direct	F2
transaction	VECO	Common Stock	Tax liability	$49,189	-2,290	-28%	$21.48	5,841	17 Mar 2025	Direct	F2
holding	VECO	Common Stock						70,142	14 Mar 2025	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	Award	$0	+14,000		$0.000000	14,000	14 Mar 2025	common stock	14,000		Direct	F1, F3
transaction	VECO	Performance Based Restricted Stock Unit	Award	$0	+26,000		$0.000000	26,000	14 Mar 2025	common stock	26,000		Direct	F3, F4
transaction	VECO	Restricted Stock Unit	Options Exercise	$0	-4,083	-33%	$0.000000	8,167	14 Mar 2025	common stock	4,083	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These restricted stock units (RSUs) were acquired pursuant to an award under the Veeco Instruments 2019 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to 1/3 of such RSUs on each of the first, second and third anniversaries of the date of grant. Vested shares of Veeco common stock will be delivered to the reporting person on the vesting date.
F2	Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.
F3	Each restricted stock unit represents a contingent right to receive one share of Veeco common stock.
F4	On March 14, 2025, the reporting person was granted the contingent right to receive 26,000 performance-based restricted stock units ("PRSUs"). This contingent right is subject to the reporting person's continued service with the Company and the achievement of three-year performance criteria, which is 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 represents 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. If the Criteria are not achieved, the award will be forfeited. Subject to having been earned, vested shares will be delivered to the reporting person on the date specified in the award agreement, but in no case earlier than the third anniversary of the grant date.