Filing Details
- Accession Number:
- 0001209191-23-046105
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-16 18:23:02
- Reporting Period:
- 2023-08-14
- Accepted Time:
- 2023-08-16 18:23:02
- 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 |
|---|---|---|---|---|---|---|---|
| 1267540 | C Robert Daigle | C/O Amtech Systems, Inc. 131 S. Clark Drive Tempe AZ 85288 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Amtech Systems, Inc. $0.01 Par Value Common Stock | Acquisiton | 2023-08-15 | 233 | $8.75 | 19,703 | No | 4 | P | Direct | |
| Amtech Systems, Inc. $0.01 Par Value Common Stock | Acquisiton | 2023-08-16 | 1,000 | $8.76 | 20,703 | No | 4 | P | Direct | |
| Amtech Systems, Inc. $0.01 Par Value Common Stock | Acquisiton | 2023-08-16 | 1,200 | $8.75 | 21,903 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Amtech Systems, Inc. $0.01 Par Value Common Stock | Amtech Systems, Inc. Employee Stock Option | Acquisiton | 2023-08-14 | 150,000 | $0.00 | 150,000 | $9.00 |
| Amtech Systems, Inc. $0.01 Par Value Common Stock | Restricted Stock Units | Acquisiton | 2023-08-14 | 55,556 | $0.00 | 55,556 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 150,000 | 2023-08-14 | 2033-08-14 | No | 4 | A | Direct |
| 55,556 | 2024-08-14 | No | 4 | A | Direct |
Footnotes
- The Option Grant will vest ratably on each of the annual anniversaries over the three-year term of Mr. Daigle's employment agreement, subject to Mr. Daigle's continued service with the Company; provided, however, that 50,000 shares of such Option Grant will vest immediately.
- Price omitted because the transaction is a grant of a stock option.
- Each restricted stock unit represents a contingent right to receive one share of Common Stock of Amtech Systems, Inc.
- The number of RSUs granted equals the aggregate fair market value of $500,000 as of the grant date in accordance with the terms of Mr. Daigle's employment agreement.
- The grant will vest in full on the one-year anniversary of the grant date, subject to Mr. Daigle's continued service with the Company.
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