SEC Form 4 · accession 0000909791-17-000030
ULTRATECH INC · UTEK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dave Ghosh
Officer — Senior Vice President, Global
Period of report
May 11, 2017
Accepted (ET)
May 16, 2017 · 11:29 am 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 | May 11, 2017 | M | 2,999 | $17.30 | A | 74,671 | D | |
| Common StockF2,F1 | May 11, 2017 | S | 2,999 | $30.5656 | D | 71,672 | D | |
| Common StockF1 | May 11, 2017 | M | 1 | $17.30 | A | 71,673 | D | |
| Common StockF2,F1 | May 11, 2017 | S | 1 | $30.5656 | D | 71,672 | D | |
| Common StockF1 | May 11, 2017 | M | 3,000 | $24.10 | A | 74,672 | D | |
| Common StockF2,F1 | May 11, 2017 | S | 3,000 | $30.5656 | D | 71,672 | D | |
| Common StockF1 | May 11, 2017 | M | 3,000 | $26.75 | A | 74,672 | D | |
| Common StockF2,F1 | May 11, 2017 | S | 3,000 | $30.5656 | D | 71,672 | D | |
| Common StockF1 | May 11, 2017 | M | 3,000 | $25.31 | A | 74,672 | D | |
| Common StockF2,F1 | May 11, 2017 | S | 3,000 | $30.5656 | D | 71,672 | D | |
| Common StockF1 | May 11, 2017 | M | 7,680 | $28.92 | A | 79,352 | D | |
| Common StockF2,F1 | May 11, 2017 | S | 7,680 | $30.5656 | D | 71,672 | D | |
| Common StockF1 | May 11, 2017 | M | 6,700 | $30.12 | A | 78,372 | D | |
| Common StockF2,F1 | May 11, 2017 | S | 6,700 | $30.65 | D | 71,672 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F3 | $17.30 | May 11, 2017 | M | 1 | D | Dec 31, 2014 | Oct 26, 2024 | Common Stock | 1 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $17.30 | May 11, 2017 | M | 2,999 | D | Dec 31, 2014 | Oct 26, 2024 | Common Stock | 2,999 | 750 | D |
| Non-Qualified Stock Option (right to buy)F3 | $24.10 | May 11, 2017 | M | 3,000 | D | Dec 31, 2014 | Jul 20, 2024 | Common Stock | 3,000 | 750 | D |
| Non-Qualified Stock Option (right to buy)F3 | $25.31 | May 11, 2017 | M | 3,000 | D | Dec 31, 2014 | Feb 2, 2024 | Common Stock | 3,000 | 750 | D |
| Non-Qualified Stock Option (right to buy)F3 | $26.75 | May 11, 2017 | M | 3,000 | D | Dec 31, 2014 | Apr 27, 2024 | Common Stock | 3,000 | 750 | D |
| Non-Qualified Stock Option (right to buy)F4 | $28.92 | May 11, 2017 | M | 7,680 | D | Dec 31, 2012 | Oct 21, 2022 | Common Stock | 7,680 | 5,120 | D |
| Non-Qualified Stock Option (right to buy)F4 | $30.12 | May 11, 2017 | M | 6,700 | D | Dec 31, 2012 | Jul 22, 2022 | Common Stock | 6,700 | 5,120 | D |
Explanation of responses
- F1Includes 49,520 shares subject to outstanding and unvested restricted stock units that are payable, upon vesting, in Issuer common stock
- F2Represents the weighted average sale price per share. The actual sale prices ranged from a low of $30.55 per share to a high of $30.65 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.
- F3The option becomes exercisable in a series of successive installments over Reporting Person's continued period of service as follows: 24% of the option shares become exercisable upon completion of 12 months of service measured from date of grant, and the balance of the option shares become exercisable in a series of 38 equal monthly installments over the Reporting Person's continued period of service following the initial vesting date. The first vesting dates are indicated above.
- F4The option will become exercisable with respect to twelve percent (12%) of the option shares upon the Reporting Person's completion of one (1) year of service with the Issuer after the grant date and the balance of the option shares in eighty-eight (88) successive equal monthly installments upon the Reporting Person's completion of each month of service with the Issuer over the eighty-eight (88) month period measured from the first anniversary of the grant date.The first vesting dates are indicated above.