SEC Form 4 · accession 0000909791-17-000018
ULTRATECH INC · UTEK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce R Wright
Officer — Sr. VP-Fin, CFO & Secretary
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 5:35 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 | Mar 31, 2017 | F | 375 | $29.62 | D | 187,540 | D | |
| Common StockF3,F2 | Mar 31, 2017 | F | 375 | $29.62 | D | 187,165 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of the Issuer's common stock withheld in satisfaction of the applicable withholding taxes from the 1,000 shares of the Issuer's common stock that became issuable to the Reporting Person on March 31, 2017, pursuant to a restricted stock unit award granted July 22, 2013.
- F2Includes (i)5,500 shares and (ii) 57,600, each subject to RSUs granted in 2014 and 2017 respectively. The RSUs granted in 2014 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 2018, respectively, for the 2 monthly installments that vest in the final year). The RSUs granted in 2017 will vest and become payable 50 months after the date of grant. In each case, vesting and payment is subject to acceleration in certain circumstances.
- F3Represents shares of the Issuer's common stock withheld in satisfaction of the applicable withholding taxes from the 1,000 shares of the Issuer's common stock that became issuable to the Reporting Person on March 31, 2017, pursuant to a restricted stock unit award granted October 21, 2013.