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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/18/24 |
Issuer: |
| Issuer CIK: 103145 |
| Issuer Name: VEECO INSTRUMENTS INC |
| Issuer Trading Symbol: VECO |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1251708 |
| | Owner Name: KIERNAN JOHN P |
| Reporting Owner Address: |
| | Owner Street 1: C/O VEECO INSTRUMENTS INC. |
| | Owner Street 2: 1 TERMINAL DRIVE |
| | Owner City: PLAINVIEW |
| | Owner State: NY |
| | Owner ZIP Code: 11803 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: SVP & CHIEF FINANCIAL OFFICER |
| | Other Text: |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/18/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,290 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 33.74 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 11,811 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/19/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 45,500 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 57,311 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/19/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 22,961 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 33.74 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 34,350 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 65,459 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Family Trust |
Derivative Table: |
Footnotes: |
| Footnote - F1: Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock. |
| Footnote - F2: On March 12, 2021, the reporting person was granted the contingent right to receive 22,750 performance-based restricted stock units ("PRSUs"). This contingent right was subject to the reporting person's continued service with the Company and the achievement of three-year performance criteria, which was 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 represented 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. The common stock award reflected in this filing represents achievement at the 200% level, which was realized. |
Owner Signature: |
| Signature Name: /s/ Kirk W. Mackey, Attorney-in-Fact |
| Signature Date: 3/20/24 |