Veeco CFO granted 42,500 restricted shares
Veeco Instruments Inc. senior vice president and chief financial officer John P. Kiernan acquired 42,500 shares of common stock through a restricted stock award under the Veeco Instruments Inc. 2019 Stock Incentive Plan.
Rhea-AI Filing Summary
Veeco Instruments Inc. senior vice president and chief financial officer John P. Kiernan acquired 42,500 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 in three equal installments on the first, second and third anniversaries of the grant date, contingent on his continued service. The filing also reports an indirect holding of 82,680 common shares by a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 42,500 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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 its CFO?
Is the Veeco (VECO) CFO’s new equity award subject to restrictions?
Under which plan was the Veeco (VECO) CFO’s restricted stock granted?
Did the Veeco (VECO) Form 4 show any open-market buys or sells by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.