FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
VEECO INSTRUMENTS INC [ VECO ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/27/2006 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, par value $.01 per share | 07/27/2006 | M | 10,396 | A | $21.68 | 30,834 | D | |||
Common Stock, par value $.01 per share | 07/27/2006 | S | 10,396 | D | $22.44(1) | 20,438 | D | |||
Common Stoc, par value $.01 per share | 07/28/2006 | M | 15,729 | A | $21.36 | 36,167 | D | |||
Common Stock, par value $.01 per share | 07/28/2006 | S | 15,729 | D | $22 | 20,438 | D | |||
Common Stock, par value $.01 per share | 07/28/2006 | M | 59,604 | A | $21.68 | 80,042 | D | |||
Common Stock, par value $.01 per share | 07/28/2006 | S | 59,604 | D | $22.12(2) | 20,438 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Purchase) | $21.68 | 07/27/2006 | M | 10,396 | (3) | 06/24/2009 | Common Stock | 10,396 | $0 | 59,604 | D | ||||
Employee Stock Option (Right to Purchase) | $21.36 | 07/28/2006 | M | 15,729 | (4) | 07/27/2011 | Common Stock | 15,729 | $0 | 114,271 | D | ||||
Employee Stock Option (Right to Purchase) | $21.68 | 07/28/2006 | M | 59,604 | (3) | 06/24/2009 | Common Stock | 59,604 | $0 | 0 | D |
Explanation of Responses: |
1. Represents the average sale price for sales of this security on the date shown. Actual sale prices ranged from $22.40 to $22.50 per share. |
2. Represents the average sale price for sales of this security on the date shown. Actual sale prices ranged from $22.00 to $22.25 per share. |
3. The original grant provided that the option would become exercisable in 33 1/3 increments on the first, second and third anniversaries of the grant date (June 25, 2002). On April 12, 2005, the Compensation Committee of Veeco's Board of Directors approved the acceleration of vesting of all unvested stock options granted prior to September 1, 2004 which were then out-of-the money (exercise price greater than $15.26). |
4. The original grant provided that the option would become exercisable in 33 1/3 increments on the first, second and third anniversaries of the grant date (July 28, 2004). On April 12, 2005, the Compensation Committee of Veeco's Board of Directors approved the acceleration of vesting of all unvested stock options granted prior to September 1, 2004 which were then out-of-the money (exercise price greater than $15.26). |
Remarks: |
Dr. Kania has resigned from his position as President and Chief Operating Officer of Veeco Instruments Inc. effective August 4, 2006. |
Gregory A. Robbins, Attorney-in-fact | 07/31/2006 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |