Adrian Devasahayam - 13 Mar 2024 Form 4 Insider Report for VEECO INSTRUMENTS INC (VECO)

Signature
/s/ Kirk W. Mackey, Attorney-in-Fact
Issuer symbol
VECO
Transactions as of
13 Mar 2024
Net transactions value
-$84,045
Form type
4
Filing time
14 Mar 2024, 16:45:13 UTC
Previous filing
08 Mar 2024
Next filing
18 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VECO Common Stock Tax liability $48,629 -1,401 -1.9% $34.71 70,487 12 Mar 2024 Direct F1
transaction VECO Common Stock Options Exercise $0 +2,800 +4% $0.000000 73,287 13 Mar 2024 Direct F2
transaction VECO Common Stock Tax liability $35,416 -1,009 -1.4% $35.10 72,278 13 Mar 2024 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 VECO Restricted Stock Unit Options Exercise $0 -2,800 -33% $0.000000 5,600 13 Mar 2024 common stock 2,800 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.
F2 These shares were acquired pursuant to a restricted stock award under the Veeco Instructions Inc. 2019 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to one-third of such shares on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued service through such dates.