SEC Form 4 · accession 0000909791-16-000104
ULTRATECH INC · UTEK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur W Zafiropoulo
Officer — Chairman of the Board and CEO · Director
Period of report
Oct 27, 2016
Accepted (ET)
Oct 28, 2016 · 5:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000909791
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 27, 2016 | S | 21,081 | $21.86 | D | 796,387 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the weighted average sale price per share. The actual sale prices ranged from a low of $21.76 per share to a high of $22.20 per share. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F2Includes (i) 52,000 shares and (ii) 38,000 shares, each subject to RSUs granted in 2013 and 2014, respectively. The RSUs vest in equal increments upon completion of each month of service over 50 months from the grant date. The underlying shares will be issued on January 31 following the year they vest (or in March 2017 or 2018, respectively, for the 2 monthly installments that vest in the final year).