0001415889-23-004952.txt : 20230315 0001415889-23-004952.hdr.sgml : 20230315 20230315164007 ACCESSION NUMBER: 0001415889-23-004952 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230313 FILED AS OF DATE: 20230315 DATE AS OF CHANGE: 20230315 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Devasahayam Adrian CENTRAL INDEX KEY: 0001811702 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-16244 FILM NUMBER: 23735807 MAIL ADDRESS: STREET 1: C/O VEECO INSTRUMENTS STREET 2: 1 TERMINAL DRIVE CITY: PLAINVIEW STATE: NY ZIP: 11803 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 form4-03152023_040301.xml X0306 4 2023-03-13 0000103145 VEECO INSTRUMENTS INC VECO 0001811702 Devasahayam Adrian C/O VEECO INSTRUMENTS INC. 1 TERMINAL DRIVE PLAINVIEW NY 11803 false true false false SVP - PRODUCT LINE DEVELOPMENT Common Stock 2023-03-13 4 F 0 1448 20.82 D 61080.76 D Common Stock 2023-03-14 4 F 0 1387 20.51 D 59693.76 D Restricted Stock Unit 2023-03-13 4 A 0 8400 0 A common stock 8400 8400 D Performance Based Restricted Stock Unit 2023-03-13 4 A 0 15600 0 A common stock 15600 15600 D Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock. Each restricted stock unit represents a contingent right to receive one share of Veeco common stock. These restricted stock units (RSUs) were acquired pursuant to an award under the Veeco Instruments 2019 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to 1/3 of such RSUs on each of the first, second and third anniversaries of the date of grant. Vested shares of Veeco common stock will be delivered to the reporting person on the vesting date. On March 13, 2023, the reporting person was granted the contingent right to receive 15,600 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. /s/ Kirk W. Mackey, Attorney-in-Fact 2023-03-15