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Filing Details

Accession Number:: 0001104659-21-143575
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-11-24 16:18:29
Reporting Period:: 2021-11-22

Accepted Time:: 2021-11-24 16:18:29
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
720500	Amtech Systems Inc	ASYS	Special Industry Machinery, Nec (3559)	860411215

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1343599	M Robert Averick	C/O Kokino Llc 201 Tresser Boulevard, 3Rd Floor Stamford CT 06901		Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-11-22	12,500	$10.66	272,500	No	4	P	Direct
Common Stock	Acquisiton	2021-11-23	2,500	$10.30	275,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,250,000	Indirect	See footnote 2 below

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Director Stock Option (Right to Buy)	$0.00			36,000	36,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	36,000	36,000	Direct

Footnotes

Pursuant to a Schedule 13D filed on January 25, 2016 (as amended on August 24, 2017, December 18, 2017, July 17, 2018 and November 27, 2018) (as further amended from time to time, the "Schedule 13D"), (i) Piton Capital Partners LLC ("Piton"), Cornice Fiduciary Management LLC (as trustee of the Trust (as defined in the Schedule 13D)) and M3C Holdings LLC (collectively, the "Kokino Family Clients"), (ii) Mr. Averick, and (iii) OIH LLC also report beneficial ownership of shares of the Issuer's $.01 par value common stock ("Common Shares").
Indicates 2,250,000 Common Shares beneficially owned by the Kokino Family Clients. Mr. Averick is a Portfolio Manager at Kokino LLC ("Kokino"). Mr. Averick manages the Kokino Family Clients' investment in the Issuer as a Portfolio Manager of Kokino. Mr. Averick holds an indirect interest in certain Common Shares through his minority ownership of Piton, which is a Kokino Family Client (which ownership may be held through Piton's managing member, Piton Capital Management LLC ("PCM")). Also, Mr. Averick's incentive compensation/allocation as an employee of Kokino and member of Piton, which are generally calculated in Kokino's discretion subject to Piton's and PCM's governing documents, may be based on the performance of Common Shares held by Kokino Family Clients. Such compensation/allocation may be paid or made in cash and/or by way of increasing Mr. Averick's interest in Piton (either directly or indirectly through PCM). Kokino is PCM's managing member.
The reported price in Column 4 regarding the November 22, 2021 is a weighted average price rounded to the nearest hundredth. The shares were purchased in multiple transactions at prices ranging from $10.56 to $10.71 per share. Mr. Averick undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
This is the total of all derivative securities, including those with different terms and conditions, held by Mr. Averick as of the filing date of this Form 4.