Amtech Systems (ASYS) President & COO receives 50,000-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amtech Systems, Inc. President & COO Guy Shechter received a grant of stock options covering 50,000 shares of common stock. These options were awarded as an employee stock option on the reported grant date and are classified as a grant or award acquisition, not an open-market purchase or sale.
The options have an exercise price of $19.67 per share and expire in 2036 if not exercised earlier. One-third of the award vests on each of the first three anniversaries of the grant date, meaning the award becomes exercisable over three years. Following this grant, Shechter holds 50,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shechter Guy
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Amtech Systems, Inc. Employee Stock Option | 50,000 | $0.00 | -- |
Holdings After Transaction:
Amtech Systems, Inc. Employee Stock Option — 50,000 shares (Direct, null)
Footnotes (1)
- One-third of the stock option granted vests on each of the first three anniversaries of the grant date. Price omitted because the transaction is a grant of a stock option
Key Figures
Option grant size: 50,000 shares
Exercise price: $19.67 per share
Post-grant option holdings: 50,000 options
+2 more
5 metrics
Option grant size
50,000 shares
Employee stock option grant to President & COO
Exercise price
$19.67 per share
Stock option exercise price
Post-grant option holdings
50,000 options
Total options held following transaction
Vesting schedule
1/3 per year over 3 years
One-third vests on each of first three anniversaries
Option expiration
2036
Expiration year of granted stock options
Key Terms
Employee Stock Option, grant/award acquisition, vesting, expiration date
4 terms
Employee Stock Option financial
"Amtech Systems, Inc. Employee Stock Option"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
vesting financial
"One-third of the stock option granted vests on each of the first three anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: 2036-05-19T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Amtech Systems (ASYS) President & COO Guy Shechter report on this Form 4?
Guy Shechter reported receiving an employee stock option grant for 50,000 shares of Amtech Systems common stock. The award is classified as a grant or award acquisition, reflecting compensation rather than an open-market stock purchase or sale.
What is the exercise price of Guy Shechter’s Amtech Systems (ASYS) stock options?
The exercise price of the stock options granted to Guy Shechter is $19.67 per share. This price is the fixed amount he must pay per share if he chooses to exercise the options after they vest.
How do Guy Shechter’s Amtech Systems (ASYS) stock options vest over time?
The stock options vest in three equal installments. One-third of the 50,000-share option grant vests on each of the first three anniversaries of the grant date, gradually making the options exercisable over a three-year period.
When do Guy Shechter’s Amtech Systems (ASYS) stock options expire?
The stock options granted to Guy Shechter expire in 2036 if they are not exercised earlier. After the expiration date, he would no longer have the right to purchase shares under this specific option grant.