Veeco director granted 2,945 restricted shares
Chand Sujeet reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Chand Sujeet reported acquisition or exercise transactions in this Form 4 filing.
Veeco Instruments director Sujeet Chand received a stock grant. He was awarded 2,945 shares of restricted common stock as consideration for his services as a director under the Veeco Instruments Inc. 2019 Stock Incentive Plan. After this award, he directly holds 33,079 shares of common stock.
The restrictions on these shares will lapse on the earlier of the date immediately preceding Veeco’s 2027 annual meeting of stockholders or the first anniversary of the award date, aligning the equity compensation with his ongoing board service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,945 | $0.00 | $0.00 |
Footnotes (1)
- F1. These shares were awarded as restricted stock pursuant to the Veeco Instruments Inc. 2019 Stock Incentive Plan in consideration of services as a director. These shares are subject to certain restrictions which shall lapse on the earlier to occur of: (i) the date immediately preceding the date of the Company's 2027 Annual Meeting of stockholders and (ii) the first anniversary of the award date.
Key Figures
Key Terms
restricted stock financial
2019 Stock Incentive Plan financial
Annual Meeting of stockholders financial
Form 4 regulatory
FAQ
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What did Veeco Instruments (VECO) director Sujeet Chand report in this Form 4?
What type of equity did Sujeet Chand receive from Veeco Instruments (VECO)?
Was Sujeet Chand’s Veeco Instruments (VECO) Form 4 a purchase or a grant?
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