0001415889-24-008283.txt : 20240318 0001415889-24-008283.hdr.sgml : 20240318 20240318164016 ACCESSION NUMBER: 0001415889-24-008283 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240314 FILED AS OF DATE: 20240318 DATE AS OF CHANGE: 20240318 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Devasahayam Adrian CENTRAL INDEX KEY: 0001811702 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-16244 FILM NUMBER: 24759646 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] ORGANIZATION NAME: 06 Technology 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 form4-03182024_040301.xml X0508 4 2024-03-14 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 0 Common Stock 2024-03-14 4 S 0 5000 34.10 D 67277.9510 D Restricted Stock Unit 2024-03-14 4 A 0 8000 0 A common stock 8000 8000 D Performance Based Restricted Stock Unit 2024-03-14 4 A 0 24000 0 A common stock 24000 24000 D 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 14, 2024, the reporting person was granted the contingent right to receive 24,000 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. /s/ Kirk W. Mackey, Attorney-in-Fact 2024-03-18