SEC Form 4 · accession 0001179110-16-023286
VEECO INSTRUMENTS INC · VECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Peeler
Officer — Chairman & CEO · Director
Period of report
Apr 19, 2016
Accepted (ET)
Apr 21, 2016 · 4:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000103145
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 19, 2016 | M | 75,000 | $12.36 | A | 321,918 | D | |
| Common StockF1 | Apr 19, 2016 | F | 61,832 | $19.39 | D | 260,086 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to purchase)F2 | $12.36 | Apr 19, 2016 | M | 75,000 | D | — | Jun 28, 2016 | common stock | 75,000 | 75,000 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. These shares were withheld by Veeco Instruments Inc. for payment of the exercise price and applicable taxes, based on the fair market value of Veeco common stock at the time of exercise, as determined under the Veeco Instruments Inc. 2000 Stock Incentive Plan.
- F2The option was granted on June 29, 2009 and became exercisable with respect to 1/3 of such shares on each of the first, second and third anniversaries of the date of grant.