SEC Form 4 · accession 0001127602-17-017922
MKS INC · MKSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Tseng-Chung Lee
Officer — Sr. VP & COO
Period of report
May 11, 2017
Accepted (ET)
May 12, 2017 · 4:35 pm EDT
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 | May 11, 2017 | M | 3,558 | — | A | 3,559 | D | |
| Common Stock | May 11, 2017 | F | 1,674 | $80.50 | D | 1,885 | 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 | — | May 11, 2017 | M | 3,558 | D | — | — | Common Stock | 3,558 | 25,294 | 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 originally were scheduled to vest in two equal installments based on the Company's achievement of certain performance criteria for the period ending June 30, 2017 and June 30, 2018. On May 10, 2017, the Compensation Committee accelerated in full the vesting of these RSUs to May 11, 2017 as a result of the Company's 100% achievement of the performance criteria.