Filing Details

Accession Number:
0001179110-16-033098
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-16 16:12:50
Reporting Period:
2016-12-14
Filing Date:
2016-12-16
Accepted Time:
2016-12-16 16:12:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
103145 Veeco Instruments Inc VECO Special Industry Machinery, Nec (3559) 112989601
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1607969 Shubham Maheshwari C/O Veeco Instruments Inc.
Terminal Drive
Plainview NY 11803
Evp & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-12-15 2,250 $30.00 36,300 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Acquisiton 2016-12-14 2,624 $0.00 2,624 $0.00
Common Stock Restricted Stock Unit Acquisiton 2016-12-14 2,521 $0.00 2,521 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,624 No 4 A Direct
2,521 No 4 A Direct
Footnotes
  1. Represents securities sold pursuant to a 10b5-1 sales plan adopted by the reporting person.
  2. Reflects performance-based restricted stock units (PRSUs) granted under the Veeco 2010 Stock Incentive Plan. Each PRSU represents the contingent right to receive one share of Veeco common stock, assuming achievement of the performance criteria by the date corresponding to 100% performance achievement (the "target date"), as specified in the award agreement. If the criteria are achieved prior to the target date, then up to 150% of the shares covered by the award may be earned. If the criteria are achieved after the target date, but still within the designated period, then fewer than 100% of the shares may be earned. If the criteria are not achieved by the specified deadline, then the award will be forfeited. Vested shares will be delivered to the reporting person on the date(s) provided in the award agreement, subject to the reporting person's continued service over the later of: (i) three years from the grant date or, (ii) the date on which the target is achieved.
  3. Reflects restricted stock units (RSUs) granted under the Veeco 2010 Stock Incentive Plan. Each RSU represents the right to receive one share of Veeco common stock, subject to certain restrictions. These restrictions will lapse with respect to 1/4 of such shares on each of the first, second, third and fourth anniversaries of the date of grant, subject to the reporting person's continued service through such date.