JAMES J. KIM - 10 Feb 2023 Form 4 Insider Report for AMKOR TECHNOLOGY, INC. (AMKR)

Role
Director, Member of 10% owner group (5), 10%+ Owner
Signature
Mark N. Rogers, Attorney-in-Fact for James J. Kim
Issuer symbol
AMKR
Transactions as of
10 Feb 2023
Transactions value $
-$29,836
Form type
4
Filing time
14 Feb 2023, 18:56:37 UTC
Previous filing
16 Feb 2023
Next filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMKR Common Stock Options Exercise $0 +2.63K +0.1% $0.00 2.72M 10 Feb 2023 Direct
transaction AMKR Common Stock Tax liability -$29.8K -1.08K -0.04% $27.60 2.71M 10 Feb 2023 Direct F1
holding AMKR Common Stock 2.61M 10 Feb 2023 By spouse F2, F3
holding AMKR Common Stock 3.47M 10 Feb 2023 By Self as Trustee of own GRATs F2, F3
holding AMKR Common Stock 165K 10 Feb 2023 By Self as Trustee of Trust U/A dtd. 12/11/12 F2, F3
holding AMKR Common Stock 49.6M 10 Feb 2023 By 915 Investments, LP F2, F3
holding AMKR Common Stock 1.96M 10 Feb 2023 By John T. Kim G-S Trust dtd 12/11/12 F2, F3
holding AMKR common Stock 7.83M 10 Feb 2023 By John T. Kim Family Trust U/A dtd 12/11/12 F2, F3
holding AMKR Common Stock 1.38M 10 Feb 2023 By Susan Y. Kim 2018-1 GRAT dtd 8/29/18 F2, F3
holding AMKR Common Stock 2.3M 10 Feb 2023 By Susan Y. Kim 2020-1 GRAT dtd 4/1/20 F2, F3

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 AMKR Restricted Stock Units Options Exercise $0 -2.63K -32.57% $0.00 5.45K 10 Feb 2023 Common Stock 2.63K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction represents shares withheld by Amkor Technology, Inc. (the "Issuer") in connection with the vesting of certain restricted stock units ("RSUs") granted to the Reporting Person on February 11, 2021 (the "Grant Date") pursuant to the Issuer's Second Amended and Restated 2007 Equity Incentive Plan, as amended, and the related award agreement. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
F2 The Reporting Person is (i) a trustee of trusts for the benefit of his immediate family members which own 13,464,330 shares of the Issuer's Common Stock, (ii) a trustee of a trust which is a controlling member of a limited liability company being treated as a corporation for purposes of Section 16 , which limited liability company holds 164,678 shares of the Issuer's Common stock, (iii) a trustee of grantor retained annuity trusts of which he was the settlor and is the sole annuitant which own 3,470,970 shares of the Issuer's Common Stock and (iv) a general partner of a limited partnership which owns 49,594,980 shares of the Issuer's Common Stock. Pursuant to the Form 4 instructions, the Reporting Person is being treated as having a pecuniary interest in all of such shares.
F3 The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of the Reporting Person's pecuniary interest therein, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), or for any other purpose.
F4 On the Grant Date, the Reporting Person was granted 10,893 RSUs which vest in four equal annual installments beginning on the first anniversary of the Grant Date.

Remarks:

(5) The Reporting Person states that the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities owned by the other members of the group, for the purpose of Section 16, or for any other purpose.