SEC Form 4 · accession 0001127602-15-008490
MKS INC · MKSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Tseng-Chung Lee
Officer — Sr. VP, Business Units
Period of report
Feb 25, 2015
Accepted (ET)
Feb 26, 2015 · 10:33 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001049502
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2015 | M | 2,863 | — | A | 10,259 | D | |
| Common StockF1 | Feb 25, 2015 | M | 2,105 | — | A | 12,364 | D | |
| Common Stock | Feb 25, 2015 | F | 1,616 | $35.83 | D | 10,748 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | — | Feb 25, 2015 | M | 2,863 | D | — | — | Common Stock | 2,863 | 23,320 | D |
| Restricted Stock UnitF1,F4 | — | Feb 25, 2015 | M | 2,105 | D | — | — | Common Stock | 2,105 | 20,815 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of common stock of MKS Instruments, Inc.
- F2This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- F3These RSUs are subject to the achievement of performance criteria determined in the first year of grant and thereafter vest in three equal annual installments commencing on the first anniversary of the grant date, with the exception of RSUs granted on or after February 15, 2015, in which case, the annual vesting date shall be (i) February 15th or (ii) the next business day if February 15th is not a business day.
- F4These RSUs vest in three equal annual installments commencing on the first anniversary of the grant date, with the exception of RSUs granted on or after February 15, 2015, in which case, the annual vesting date shall be (i) February 15th or (ii) the next business day if February 15th is not a business day.