0001179110-22-002344.txt : 20220321 0001179110-22-002344.hdr.sgml : 20220321 20220321162226 ACCESSION NUMBER: 0001179110-22-002344 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220317 FILED AS OF DATE: 20220321 DATE AS OF CHANGE: 20220321 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KIERNAN JOHN P CENTRAL INDEX KEY: 0001251708 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-16244 FILM NUMBER: 22755955 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VEECO INSTRUMENTS INC CENTRAL INDEX KEY: 0000103145 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 112989601 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TERMINAL DRIVE CITY: PLAINVIEW STATE: NY ZIP: 11803 BUSINESS PHONE: 516 677-0200 MAIL ADDRESS: STREET 1: TERMINAL DRIVE CITY: PLAINVIEW STATE: NY ZIP: 11803 FORMER COMPANY: FORMER CONFORMED NAME: VACUUM ELECTRONIC MANUFACTURING CORP DATE OF NAME CHANGE: 19700408 4 1 edgar.xml FORM 4 - X0306 4 2022-03-17 0 0000103145 VEECO INSTRUMENTS INC VECO 0001251708 KIERNAN JOHN P VEECO INSTRUMENTS INC., TERMINAL DRIVE PLAINVIEW NY 11803 0 1 0 0 SVP & CFO Common Stock 2022-03-17 4 F 0 697 28.79 D 61886 D Common Stock 2022-03-17 4 A 0 14000 0 A 75886 D Restricted Stock Unit 0 2022-03-17 4 A 0 26000 0 A Common Stock 26000 26000 D Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock. These shares were acquired pursuant to a restricted stock award under the Veeco Instructions Inc. 2019 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to one-third of such shares on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued service through such dates. On March 17, 2022, the reporting person was granted the contingent right to receive 26,000 performance-based restricted stock units ("PRSUs"). This contingent right is subject to the reporting person's continued service with the Company and the achievement of three-year performance criteria, which is based on the Company's total shareholder return relative to other companies in the Russell 2000 as specified in the award agreement (the "Criteria"). Each PRSU represents the contingent right to receive one share of Veeco common stock. The award, if earned, could range from 50% to 200% of the granted PRSUs based on the achievement of the Criteria. If the Criteria are not achieved, the award will be forfeited. Subject to having been earned, vested shares will be delivered to the reporting person on the date specified in the award agreement, but in no case earlier than the third anniversary of the grant date. Kirk W. Mackey, Attorney-in-fact 2022-03-21