Veeco SVP awarded 32,000 restricted shares
Veeco Instruments Inc. senior vice president Adrian Devasahayam acquired 32,000 shares of common stock through a restricted stock award under the Veeco Instruments Inc. 2019 Stock Incentive Plan.
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Rhea-AI Filing Summary
Veeco Instruments Inc. senior vice president Adrian Devasahayam acquired 32,000 shares of common stock through a restricted stock award under the Veeco Instruments Inc. 2019 Stock Incentive Plan. The award is subject to restrictions that lapse as one-third of the shares vest on each of the first, second and third anniversaries of the grant date, contingent on his continued service. Following this award, he directly holds 110,269.208 shares of Veeco common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 32,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. These shares were acquired pursuant to a restricted stock award under the Veeco Instruments 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Veeco (VECO) report for Adrian Devasahayam?
What are the vesting terms of Adrian Devasahayam’s Veeco (VECO) restricted stock award?
Under which plan was the Veeco (VECO) restricted stock granted to the SVP?
Does the Veeco (VECO) Form 4 involve an open-market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.