CHURCHILL WINSTON J - 16 May 2023 Form 4 Insider Report for AMKOR TECHNOLOGY, INC. (AMKR)

Role: Director
Signature: Mark N. Rogers, Attorney-in-Fact for Winston J. Churchill
Issuer symbol: AMKR
Transactions as of: 16 May 2023
Net transactions value: $0
Form type: 4
Filing time: 18 May 2023, 20:06:15 UTC
Previous filing: 20 Apr 2023
Next filing: 19 May 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	+8,809	+61%	$0.000000	23,203	16 May 2023	Direct	F1

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	-8,809	-100%	$0.000000^*	0	16 May 2023	Common Stock	8,809		Direct	F1
transaction	AMKR	Restricted Stock Units	Award	$0	+8,478		$0.000000	8,478	16 May 2023	Common Stock	8,478		Direct	F2

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

Explanation of Responses:

Id	Content
F1	On May 17, 2022, the Reporting Person was granted 8,706 time-vested restricted stock units ("RSUs") pursuant to the Amkor Technology, Inc. (the "Issuer") 2021 Equity Incentive Plan, as amended (the "Plan"), and the applicable award agreement (the "2022 RSUs"). In connection with the vesting of the 2022 RSUs on May 16, 2023: (i) 0.4075 of the 2022 RSUs, which had accrued as dividend equivalent units ("DEUs") with each DEU representing an additional RSU subject to the same provisions as the RSU with respect to which the DEU was accrued, were settled in cash; and (ii) the remainder of the 2022 RSUs, including 103 DEUs, converted into common stock of the Issuer on a one-for-one basis.
F2	Represents shares of common stock underlying RSUs granted on May 16, 2023 (the "Grant Date") pursuant to the Plan (the "2023 RSUs"). Subject to the terms and conditions of the applicable award agreement, the 2023 RSUs may be converted into common stock of the Issuer on a one-for-one basis and will vest in full on the earlier of the first anniversary of the Grant Date or the date of the Issuer's first annual meeting of stockholders immediately following the Grant Date. The 2023 RSUs were awarded for no consideration other than the Reporting Person's service as a director of the Issuer.

Content

On May 17, 2022, the Reporting Person was granted 8,706 time-vested restricted stock units ("RSUs") pursuant to the Amkor Technology, Inc. (the "Issuer") 2021 Equity Incentive Plan, as amended (the "Plan"), and the applicable award agreement (the "2022 RSUs"). In connection with the vesting of the 2022 RSUs on May 16, 2023: (i) 0.4075 of the 2022 RSUs, which had accrued as dividend equivalent units ("DEUs") with each DEU representing an additional RSU subject to the same provisions as the RSU with respect to which the DEU was accrued, were settled in cash; and (ii) the remainder of the 2022 RSUs, including 103 DEUs, converted into common stock of the Issuer on a one-for-one basis.

Represents shares of common stock underlying RSUs granted on May 16, 2023 (the "Grant Date") pursuant to the Plan (the "2023 RSUs"). Subject to the terms and conditions of the applicable award agreement, the 2023 RSUs may be converted into common stock of the Issuer on a one-for-one basis and will vest in full on the earlier of the first anniversary of the Grant Date or the date of the Issuer's first annual meeting of stockholders immediately following the Grant Date. The 2023 RSUs were awarded for no consideration other than the Reporting Person's service as a director of the Issuer.