| DATE AND TIME: | | | Thursday, May | |
| PLACE: | | | Virtually at www.virtualshareholdermeeting.com/ | |
| ITEMS OF BUSINESS: | | | 1. To elect three directors named in the proxy statement to hold office until the 2. To approve an amendment to Veeco’s 2019 Stock Incentive Plan to increase the authorized shares of Veeco’s common stock thereunder by 3. To approve, on a non-binding advisory basis, the compensation of our named executive officers; 4. To ratify the appointment of KPMG LLP as our independent registered public accounting firm for 5. To consider such other business as may properly come before the meeting. | |
| WHO CAN VOTE: | | | You must be a stockholder of record at the close of business on March | |
| INTERNET AVAILABILITY: | | | We are using the internet as our primary means of furnishing proxy materials to most of our stockholders. Rather than sending our stockholders a paper copy of our proxy materials, we are sending them a Notice of Internet Availability of Proxy Materials (“Notice”) with instructions for accessing the materials and voting their shares. The Proxy Statement and our | |
| PROXY VOTING: | | | We cordially invite you to participate in the Annual Meeting. | |
| | | | By order of the Veeco Instruments Inc. Board of Directors, Kirk W. Mackey Vice President, General Counsel and Secretary March 21, 2024 Plainview, New York | |
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| STOCK OWNERSHIP | | | | | | | |
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| GOVERNANCE | | | | | | | |
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| COMPENSATION | | | | | | | |
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| AUDIT MATTERS | | | | | | | |
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| VOTING PROPOSALS | | | | | | | |
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| | Voting Matters and Board Recommendations | | | ||||||||
| | Proposal | | | | Required Vote | | | | Board Vote Recommendation | | |
| | Proposal 1 Election of three nominees named herein as directors. | | | | Each nominee must receive a majority of the votes cast. | | | | FOR each nominee | | |
| | Proposal 2 Approval of an Amendment to the 2019 Stock Incentive Plan. | | | | This proposal will be considered approved if more votes are cast in favor than against. | | | | FOR | | |
| | Proposal 3 Advisory vote to approve the compensation of our named executive officers, or “Say on | | | | This non-binding proposal will be considered approved if more votes are cast in favor than against. | | | | FOR | | |
| | Proposal 4 Ratification of the appointment of our independent registered public accounting firm for | | | | This proposal will be considered approved if more votes are cast in favor than against. | | | | FOR | | |
| | How to Vote | | | ||||||||||||
| | Via the Internet | | | | By Telephone | | | | By Mail | | | | At our Meeting | | |
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| | www.proxyvote.com | | | | Call 1-800-690-6903 | | | | Follow the instructions on your proxy/voting instruction card | | | | Attend our Annual Meeting virtually at www.virtualshareholder meeting.com/ | | |
| | | | | | | | | | | | | Director since | | | | Independent(1) | | | | Committee Membership | | | | | | | | | | | | | | | Director since | | | | Independent(1) | | | | Committee Membership | | | ||||||||||||||||||||||
| | Name | | | | Age | | | | AC | | | | CC | | | | GC | | | | Name | | | | Age | | | | AC | | | | CC | | | | GC | | | ||||||||||||||||||||||||||||
| | Kathleen A. Bayless | | | | | | 65 | | | | | | | 2016 | | | | | Yes | | | | C/FE | | | | | | | | | | | | Kathleen A. Bayless | | | | | | 67 | | | | | | | 2016 | | | | | Yes | | | | C/FE | | | | M | | | | | | |
| | Sujeet Chand, Ph.D. | | | | | | 64 | | | | | | | 2021 | | | | | Yes | | | | | | | | | | | | M | | | | Sujeet Chand, Ph.D. | | | | | | 66 | | | | | | | 2021 | | | | | Yes | | | | | | | | | | | | M | | |
| | Richard A. D’Amore | | | | | | 68 | | | | | | | 1990 | | | | | Yes (Chair) | | | | | | | | M | | | | | | | | Richard A. D’Amore | | | | | | 70 | | | | | | | 1990 | | | | | Yes (Chair) | | | | | | | | M | | | | | | |
| | Gordon Hunter | | | | | | 70 | | | | | | | 2010 | | | | | Yes | | | | | | | | C | | | | M | | | | Gordon Hunter | | | | | | 72 | | | | | | | 2010 | | | | | Yes | | | | | | | | C | | | | M | | |
| | Keith D. Jackson | | | | | | 66 | | | | | | | 2012 | | | | | Yes | | | | M/FE | | | | | | | | C | | | | Keith D. Jackson | | | | | | 68 | | | | | | | 2012 | | | | | Yes | | | | M/FE | | | | | | | | C | | |
| | William J. Miller, Ph.D. | | | | | | 53 | | | | | | | 2018 | | | | | No | | | | | | | | | | | | | | | | William J. Miller, Ph.D. | | | | | | 55 | | | | | | | 2018 | | | | | No | | | | | | | | | | | | | | |
| | Mary Jane Raymond | | | | | | 61 | | | | | | | 2019 | | | | | Yes | | | | M/FE | | | | | | | | | | | | Lena Nicolaides, Ph.D. | | | | | | 53 | | | | | | | 2022 | | | | | Yes | | | | | | | | | | | | M | | |
| | Peter J. Simone | | | | | | 74 | | | | | | | 2004 | | | | | Yes | | | | M/FE | | | | | | | | M | | | | Mary Jane Raymond | | | | | | 63 | | | | | | | 2019 | | | | | Yes | | | | M/FE | | | | | | | | | | |
| | Thomas St. Dennis | | | | | | 68 | | | | | | | 2016 | | | | | Yes | | | | | | | | M | | | | | | | | Thomas St. Dennis | | | | | | 70 | | | | | | | 2016 | | | | | Yes | | | | M/FE | | | | M | | | | | | |
| | Board and Other Governance Information | | | | As of March | | |
| | Size of Board as Nominated | | | | 9 | | |
| | Average Age of Director Nominees and Continuing Directors | | | | | | |
| | Average Tenure of Director Nominees and Continuing Directors | | | | | | |
| | Standard Deviation of Director Tenure | | | | 9.0 years | | |
| | Percentage of Continuing Directors and Nominees who are Independent | | | | 88.9% | | |
| | Percentage of Directors who attended all Board Meetings | | | | | | |
| | Number of Director Nominees and Continuing Directors Who Serve on More Than Three Public Company Boards (total, including the Company) | | | | 0 | | |
| | Number of Other Public Company Boards Served by Board Chairman | | | | 1 | | |
| | Directors Subject to Stock Ownership Guidelines (3x annual cash retainers) | | | | Yes | | |
| | Annual Election of Directors | | | | No | | |
| | Voting Standard | | | | Majority | | |
| | Plurality Voting Carve-out for Contested Elections | | | | Yes | | |
| | Independent Chairman | | | | Yes | | |
| | Independent Directors Meet Without Management Present | | | | Yes | | |
| | Annual Board, Committee and Individual Director Self-Evaluations | | | | Yes | | |
| | Annual Independent Director Evaluation of Chief Executive Officer | | | | Yes | | |
| | Risk Oversight by Full Board and Committees | | | | Yes | | |
| | Board Orientation/Education Program | | | | Yes | | |
| | Code of Conduct Applicable to Directors | | | | Yes | | |
| | Stockholder Ability to Call Special Meetings | | | | 50% of Outstanding Shares | | |
| | Stockholder Ability to Act by Written Consent | | | | No | | |
| | Poison Pill | | | | No | | |
| | Percentage of Multiple Voting Rights or Voting Certificates Relative to Total Voting Rights | | | | 0% | | |
| | Percentage of Issued Share Capital Composed of Non-Voting Shares | | | | 0% | | |
| | | | | | Shares of Common Stock Beneficially Owned(1) | | | | Percentage of Total Shares Outstanding(1) | | | | | | | | Shares of Common Stock Beneficially Owned(1) | | | | Percentage of Total Shares Outstanding(1) | | | ||||||||||||||||||||||||||||||||||||||||
| | | | | | Shares | | | | Options | | | | Total | | | | | | | | Shares | | | | Options | | | | Total | | | ||||||||||||||||||||||||||||||||
| | 5% or Greater Stockholders: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5% or Greater Stockholders: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | BlackRock, Inc.(2) | | | | | | 7,743,149 | | | | | | | — | | | | | | | 7,743,149 | | | | | | | 15.3% | | | | | BlackRock, Inc.(2) | | | | | | 8,694,097 | | | | | | | — | | | | | | | 8,694,097 | | | | | | | 15.4% | | | |
| | The Vanguard Group(3) | | | | | | 5,417,147 | | | | | | | — | | | | | | | 5,417,147 | | | | | | | 10.7% | | | | | The Vanguard Group(3) | | | | | | 6,739,727 | | | | | | | — | | | | | | | 6,739,727 | | | | | | | 11.9% | | | |
| | Invesco Ltd.(4) | | | | | | 4,376,236 | | | | | | | — | | | | | | | 4,376,236 | | | | | | | 8.7% | | | | | Invesco Ltd.(4) | | | | | | 3,663,825 | | | | | | | — | | | | | | | 3,663,825 | | | | | | | 6.5% | | | |
| | Neuberger Berman Group LLC(5) | | | | | | 2,887,049 | | | | | | | — | | | | | | | 2,887,049 | | | | | | | 5.7% | | | | | Neuberger Berman Group LLC(5) | | | | | | 3,423,251 | | | | | | | — | | | | | | | 3,423,251 | | | | | | | 6.1% | | | |
| | Paradigm Capital Management(6) | | | | | | 2,720,232 | | | | | | | — | | | | | | | 2,720,232 | | | | | | | 5.4% | | | | | Directors: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Directors: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Kathleen A. Bayless | | | | | | 56,667 | | | | | | | — | | | | | | | 56,667 | | | | | | | * | | | |
| | Kathleen A. Bayless | | | | | | 43,326 | | | | | | | — | | | | | | | 43,326 | | | | | | | * | | | | | Sujeet Chand, Ph.D. | | | | | | 18,166 | | | | | | | — | | | | | | | 18,166 | | | | | | | * | | | |
| | Sujeet Chand, Ph.D. | | | | | | 6,463 | | | | | | | — | | | | | | | 6,463 | | | | | | | * | | | | | Richard A. D’Amore | | | | | | 141,382 | | | | | | | — | | | | | | | 141,382 | | | | | | | * | | | |
| | Richard A. D’Amore | | | | | | 128,031 | | | | | | | — | | | | | | | 128,031 | | | | | | | * | | | | | Gordon Hunter | | | | | | 75,041 | | | | | | | — | | | | | | | 75,041 | | | | | | | * | | | |
| | Gordon Hunter | | | | | | 61,690 | | | | | | | — | | | | | | | 61,690 | | | | | | | * | | | | | Keith D. Jackson | | | | | | 71,241 | | | | | | | — | | | | | | | 71,241 | | | | | | | * | | | |
| | Keith D. Jackson | | | | | | 57,890 | | | | | | | — | | | | | | | 57,890 | | | | | | | * | | | | | William J. Miller, Ph.D. | | | | | | 500,077 | | | | | | | — | | | | | | | 500,077 | | | | | | | * | | | |
| | William J. Miller, Ph.D. | | | | | | 423,119 | | | | | | | 51,000 | | | | | | | 474,119 | | | | | | | * | | | | | Lena Nicolaides, Ph.D. | | | | | | 10,559 | | | | | | | — | | | | | | | 10,599 | | | | | | | * | | | |
| | Mary Jane Raymond | | | | | | 18,669 | | | | | | | — | | | | | | | 18,669 | | | | | | | * | | | | | Mary Jane Raymond | | | | | | 24,320 | | | | | | | — | | | | | | | 24,320 | | | | | | | * | | | |
| | Peter J. Simone | | | | | | 46,073 | | | | | | | — | | | | | | | 46,073 | | | | | | | * | | | | | Thomas St. Dennis | | | | | | 52,184 | | | | | | | — | | | | | | | 52,184 | | | | | | | * | | | |
| | Thomas St. Dennis | | | | | | 43,338 | | | | | | | — | | | | | | | 43,338 | | | | | | | * | | | | | Named Executive Officers: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Named Executive Officers: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | William J. Miller, Ph.D. | | | | | | 500,077 | | | | | | | — | | | | | | | 500,077 | | | | | | | * | | | |
| | William J. Miller, Ph.D. | | | | | | 423,119 | | | | | | | 51,000 | | | | | | | 474,119 | | | | | | | * | | | | | John Kiernan | | | | | | 79,560(6) | | | | | | | — | | | | | | | 79,560 | | | | | | | * | | | |
| | John Kiernan | | | | | | 62,583 | | | | | | | 26,500 | | | | | | | 89,083 | | | | | | | * | | | | | Adrian Devasahayam, Ph.D. | | | | | | 72,278 | | | | | | | — | | | | | | | 72,278 | | | | | | | * | | | |
| | Adrian Devasahayam, Ph.D. | | | | | | 50,420 | | | | | | | 6,347 | | | | | | | 56,767 | | | | | | | * | | | | | Peter Porshnev, Ph.D. | | | | | | 113,686 | | | | | | | 10,000 | | | | | | | 123,686 | | | | | | | * | | | |
| | Peter Porshnev, Ph.D. | | | | | | 81,202 | | | | | | | 20,000 | | | | | | | 101,202 | | | | | | | * | | | | | Susan Wilkerson | | | | | | 43,675 | | | | | | | — | | | | | | | 43,675 | | | | | | | * | | | |
| | Susan Wilkerson | | | | | | 62,256 | | | | | | | — | | | | | | | 62,256 | | | | | | | * | | | | | All Directors and Executive Officers as a Group (13 persons) | | | | | | 1,258,836 | | | | | | | 10,000 | | | | | | | 1,268,836 | | | | | | | 2.2% | | | |
| | All Directors and Executive Officers as a Group (13 persons) | | | | | | 1,085,060 | | | | | | | 103,847 | | | | | | | 1,188,907 | | | | | | | 2.4% | | | |
| | Board Skills & Experience Matrix as of March 21, 2024 | | | ||||||||||||||||||||||||||||||||||||
| | DIRECTOR SKILLS & EXPERIENCE | | | | Bayless | | | | Chand | | | | D’Amore | | | | Hunter | | | | Jackson | | | | Miller | | | | Nicolaides | | | | Raymond | | | | St. Dennis | | |
| | Cybersecurity | | | | • | | | | • | | | | | | | | • | | | | • | | | | | | | | | | | | | | | | | | |
| | Environment, Climate & Sustainability | | | | | | | | | | | | | | | | • | | | | • | | | | • | | | | | | | | • | | | | | | |
| | Human Capital Management | | | | • | | | | • | | | | • | | | | • | | | | • | | | | • | | | | • | | | | • | | | | • | | |
| | Risk Management | | | | • | | | | • | | | | • | | | | • | | | | • | | | | • | | | | • | | | | • | | | | • | | |
| | Board Diversity Matrix as of March 24, 2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||
| | Total Number of Directors: 9 | | | | | | | Board Diversity Matrix as of March 21, 2024 | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | Female | | | | Male | | | | Non-Binary | | | | Did Not Disclose Gender | | | | | | | Total Number of Directors: 9 | | | | ||||||||||||||||||||||||||||||||||||||||||
| | Part I: Gender Identity | | | | | | | | | | | Female | | | | Male | | | | Non-Binary | | | | Did Not Disclose Gender | | | | | | ||||||||||||||||||||||||||||||||||||||||
| | Directors | | | | | | 2 | | | | | | | 7 | | | | | | | 0 | | | | | | | 0 | | | | | | | | Part I: Gender Identity | | | | ||||||||||||||||||||||||||||||
| | Part II: Demographic Background | | | | | | | Directors | | | | | | 3 | | | | | | | 6 | | | | | | | 0 | | | | | | | 0 | | | | | | | ||||||||||||||||||||||||||||
| | African American or Black | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | | Part II: Demographic Background | | | | ||||||||||||||||||||||||||||||
| | Alaskan Native or Native American | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | | African American or Black | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | |
| | Asian | | | | | | 0 | | | | | | | 1 | | | | | | | 0 | | | | | | | 0 | | | | | | | | Alaskan Native or Native American | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | |
| | Hispanic or Latinx | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | | Asian | | | | | | 0 | | | | | | | 1 | | | | | | | 0 | | | | | | | 0 | | | | | | |
| | Native Hawaiian or Pacific Islander | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | | Hispanic or Latinx | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | |
| | White | | | | | | 2 | | | | | | | 6 | | | | | | | 0 | | | | | | | 0 | | | | | | | | Native Hawaiian or Pacific Islander | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | |
| | Two or More Races or Ethnicities | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | | White | | | | | | 3 | | | | | | | 5 | | | | | | | 0 | | | | | | | 0 | | | | | | |
| | LGBTQ+ | | | | 0 | | | | | | | Two or More Races or Ethnicities | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | ||||||||||||||||||||||||
| | Did Not Disclose Demographic Background | | | | 0 | | | | | | | LGBTQ+ | | | | 0 | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | Did Not Disclose Demographic Background | | | | 0 | | | | | |
| | Board Committee | | | | Quarterly Retainer for Non-Chair Membership ($) | | | | Quarterly Retainer for Chair Membership ($) | | | ||||||
| | Audit | | | | | | 2,500 | | | | | | | 6,250(1) | | | |
| | Compensation | | | | | | 1,875 | | | | | | | 3,750 | | | |
| | Governance | | | | | | 1,250 | | | | | | | 2,500 | | | |
| | Board Committee | | | | Quarterly Retainer for Non-Chair Membership ($) | | | | Quarterly Retainer for Chair Membership ($) | | | ||||||
| | Audit | | | | | | 2,500 | | | | | | | 6,250 | | | |
| | Compensation | | | | | | 1,875 | | | | | | | 3,750 | | | |
| | Governance | | | | | | 1,250 | | | | | | | 2,500 | | | |
| | Name | | | | Fees Earned or Paid in Cash ($)(1) | | | | Stock Awards ($)(2)(3) | | | | All Other Compensation ($) | | | | Total ($) | | | | Name | | | | Fees Earned or Paid in Cash ($)(1) | | | | Stock Awards ($)(2)(3) | | | | All Other Compensation ($) | | | | Total ($) | | | ||||||||||||||||||||||||
| | Kathleen A. Bayless | | | | | | 93,000 | | | | | | | 119,983 | | | | | | | — | | | | | | | 212,983 | | | | | Kathleen A. Bayless | | | | | | 100,172 | | | | | | | 140,000 | | | | | | | — | | | | | | | 240,172 | | | |
| | Sujeet Chand | | | | | | 18,750 | | | | | | | 139,989 | | | | | | | — | | | | | | | 158,739 | | | | | Sujeet Chand | | | | | | 75,000 | | | | | | | 140,000 | | | | | | | — | | | | | | | 215,000 | | | |
| | Richard A. D’Amore | | | | | | 122,500 | | | | | | | 119,983 | | | | | | | — | | | | | | | 242,483 | | | | | Richard A. D’Amore | | | | | | 127,500 | | | | | | | 140,000 | | | | | | | — | | | | | | | 267,500 | | | |
| | Gordon Hunter | | | | | | 90,000 | | | | | | | 119,983 | | | | | | | — | | | | | | | 209,983 | | | | | Gordon Hunter | | | | | | 90,000 | | | | | | | 140,000 | | | | | | | — | | | | | | | 230,000 | | | |
| | Keith D. Jackson | | | | | | 90,000 | | | | | | | 119,983 | | | | | | | — | | | | | | | 209,983 | | | | | Keith D. Jackson | | | | | | 90,000 | | | | | | | 140,000 | | | | | | | — | | | | | | | 230,000 | | | |
| | Mary Jane Raymond | | | | | | 80,000 | | | | | | | 119,983 | | | | | | | — | | | | | | | 199,983 | | | | | Lena Nicolaides | | | | | | 73,750 | | | | | | | 70,000 | | | | | | | — | | | | | | | 143,750 | | | |
| | Peter J. Simone | | | | | | 85,000 | | | | | | | 119,983 | | | | | | | — | | | | | | | 204,983 | | | | | Mary Jane Raymond | | | | | | 80,000 | | | | | | | 140,000 | | | | | | | — | | | | | | | 220,000 | | | |
| | Thomas St. Dennis | | | | | | 77,500 | | | | | | | 119,983 | | | | | | | — | | | | | | | 197,483 | | | | | Peter J. Simone(4) | | | | | | 42,500 | | | | | | | — | | | | | | | — | | | | | | | 30,824 | | | |
| | Thomas St. Dennis | | | | | | 84,396 | | | | | | | 140,000 | | | | | | | — | | | | | | | 224,396 | | | |
| | Outstanding Equity Awards at Fiscal Year End | | | ||||||||||||||
| | Name | | | | Stock Awards (#) | | | | Option Awards (#) | | | ||||||
| | Kathleen A. Bayless | | | | | | | | | | | | — | | | | |
| | Sujeet Chand | | | | | | | | | | | | — | | | | |
| | Richard A. D’Amore | | | | | | | | | | | | — | | | | |
| | Gordon Hunter | | | | | | | | | | | | — | | | | |
| | Keith D. Jackson | | | | | | | | | | | | — | | | | |
| | | | | | | | | | | | | — | | | | ||
| | | | | | | | | | | | | — | | | | ||
| | Thomas St. Dennis | | | | | | | | | | | | — | | | |
| | Name | | | | Age | | | | Position | | |
| | William J. Miller, Ph.D. | | | | 55 | | | | Chief Executive Officer | | |
| | John P. Kiernan | | | | 61 | | | | Senior Vice President, Chief Financial Officer | | |
| | Adrian Devasahayam, Ph.D. | | | | 53 | | | | | | |
| | | | | | | | Senior Vice President, | | | ||
| | | | | | | | |||||
Senior Vice President, Global Sales & Services | | |
| Performance-based: | | | Compensation levels should be determined based on Company financial performance and individual results, each as compared to quantitative and qualitative performance priorities set at the beginning of the performance period. The ratio of performance-based compensation to fixed compensation shall increase with the executive’s level, | |
| Stockholder-aligned: | | | A significant portion of potential compensation should be performance- and time-based equity to more closely align the interests of executives with those of our stockholders. | |
| Fair and Competitive: | | | Compensation levels should be fair, internally and externally, and competitive with overall compensation levels at other companies | |
| CEO Compensation Elements | | | Other NEO Compensation Elements | |
| | | |
| 3D Systems Corporation ACM Research, Inc. Ambarella, Inc. Axcelis Technologies, Inc. Azenta, Inc. Badger Meter, Inc. CMC Materials, Inc. Cohu, Inc. Enphase Energy, Inc. FARO Technologies, Inc. FormFactor, Inc. | | | Ichor Holdings Ltd. Lattice Semiconductor Corporation NeoPhotonics Corporation nLIGHT, Inc. Onto Innovation, Inc. |
OSI Systems, Inc. Photronics, Inc. Quantum Corporation Rambus Inc. Universal Display Corporation Vishay Precision Group, Inc. | |
| | Name | | | | 2020 Base Salary | | | | 2021 Base Salary | | | | Percent Change | | | |||||||||
| | W. Miller | | | | | $ | 575,000 | | | | | | $ | 595,000 | | | | | | | 3.5% | | | |
| | J. Kiernan | | | | | $ | 360,000 | | | | | | $ | 385,000 | | | | | | | 6.9% | | | |
| | A. Devasahayam | | | | | $ | 345,000 | | | | | | $ | 360,000 | | | | | | | 4.3% | | | |
| | P. Porshnev | | | | | $ | 385,000 | | | | | | $ | 395,000 | | | | | | | 2.6% | | | |
| | S. Wilkerson | | | | | $ | 375,000 | | | | | | $ | 385,000 | | | | | | | 2.7% | | | |
| | Name | | | | 2022 Base Salary | | | | 2023 Base Salary | | | | Percent Change | | | |||||||||
| | W. Miller | | | | | $ | 633,400 | | | | | | $ | 633,400 | | | | | | | 0.0% | | | |
| | J. Kiernan | | | | | $ | 418,400 | | | | | | $ | 418,400 | | | | | | | 0.0% | | | |
| | A. Devasahayam | | | | | $ | 383,400 | | | | | | $ | 383,400 | | | | | | | 0.0% | | | |
| | P. Porshnev | | | | | $ | 418,400 | | | | | | $ | 418,400 | | | | | | | 0.0% | | | |
| | S. Wilkerson | | | | | $ | 408,400 | | | | | | $ | 408,400 | | | | | | | 0.0% | | | |
| | Performance Level | | | | Adjusted Operating Income ($ million) | | | | Funded Percent of Bonus Targets | | | |||
| | Maximum | | | | | $ | 175.581 | | | | | 200% | | |
| | Actual | | | | | $ | 104.367 | | | | | 118.9% (114.1%(1)) | | |
| | Target | | | | | $ | 87.790 | | | | | 100% | | |
| | Threshold | | | | | $ | 15.0 | | | | | 17% | | |
| ��� | Performance Level | | | | Adjusted Operating Income ($ million) | | | | Funded Percent of Bonus Targets | | | ||||||
| | Maximum | | | | | $ | 265.5 | | | | | | | 200% | | | |
| | Target | | | | | $ | 162.1 | | | | | | | 100% | | | |
| | Business Plan | | | | | $ | 124.0 | | | | | | | 63.1% | | | |
| | Actual | | | | | $ | 122.4 | | | | | | | 62.3% | | | |
| | Threshold | | | | | $ | 30.0 | | | | | | | 15.3% | | | |
| | | | | Miller | | | | Kiernan | | | | | | | | | | Wilkerson | | | ||||||||||||||||||||||||||||||||
| | Financial • Revenue • Gross Margin • Operating Income | | | | | | ✓ | | | | | | | ✓ | | | | | | | ✓ | | | | | | | ✓ | | | | | | | | | | |||||||||||||||
| | Bookings | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||
| | Semi Penetration | | | | | | ✓ | | | | | | | n/a | | | | | | | ✓ | | | | | | | ✓ | | | | | | | | | | |||||||||||||||
| | Product Development | | | | | | ✓ | | | | | | | n/a | | | | | | | ✓ | | | | | | | ✓ | | | | | | | n/a | | | | ||||||||||||||
| | Customer Satisfaction & Quality | | | | | | ✓ | | | | | | | n/a | | | | | | | ✓ | | | | | | | n/a | | | | | | | ✓ | | | | ||||||||||||||
| | Culture / Leadership Development | | | | | | ✓ | | | | ||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | ✓ | | | | | | | ✓ | | | | | | | | | | ||||||||||||||||||||||||||||
| | ESG | | | | | | ✓ | | | | | | | ✓ | | | | | | | ✓ | | | | | | | n/a | | | | | | | n/a | | | |
| | Name | | | | Target Bonus (Total Amount / % of Base Salary) | | | | Financial Performance Adjusted Target (114.1% of Target) | | | | Financial Performance Award (75% of Adjusted Target) | | | | Individual Performance Target (25% of Adjusted Target) | | | | Individual Performance Award % / $ | | | | Final Bonus Award (% of Target/ Total Amount) | | | | Name | | | | Target Bonus (Total Amount / % of Base Salary) | | | | Financial Performance Adjusted Target (62.3% of Target) | | | | Financial Performance Award (75% of Adjusted Target) | | | | Individual Performance Target (25% of Adjusted Target) | | | | Individual Performance Award % / $ | | | | Final Bonus Award (% of Target/ Total Amount) | | | ||||||||||||||||||
| | W. Miller | | | | $654,500 / 110% | | | | | $ | 746,785 | | | | | | $ | 560,088 | | | | | | $ | 186,696 | | | | | 125% / $233,370 | | | | 121.3% / $793,459 | | | | W. Miller | | | | $696,740 / 110% | | | | | $ | 434,069 | | | | | | $ | 325,552 | | | | | | $ | 108,517 | | | | | 100.0% / $108,517 | | | | 62.3% / $434,069 | | |
| | J. Kiernan | | | | $269,500 / 70% | | | | | $ | 307,500 | | | | | | $ | 230,625 | | | | | | $ | 76,875 | | | | | 140% / $107,625 | | | | 125.5% / $338,250 | | | | J. Kiernan | | | | $313,800 / 75% | | | | | $ | 195,498 | | | | | | $ | 146,623 | | | | | | $ | 48,874 | | | | | 100.0% / $ 48,874 | | | | 62.3% / $195,498 | | |
| | A. Devasahayam | | | | $216,000 / 60% | | | | | $ | 246,456 | | | | | | $ | 184,842 | | | | | | $ | 61,614 | | | | | 115% / $ 70,856 | | | | 118.4% / $255,698 | | | | A. Devasahayam | | | | $230,040 / 60% | | | | | $ | 143,315 | | | | | | $ | 107,486 | | | | | | $ | 35,829 | | | | | 105.0% / $ 37,620 | | | | 63.1% / $145,107 | | |
| | P. Porshnev | | | | $237,000 / 60% | | | | | $ | 270,417 | | | | | | $ | 202,813 | | | | | | $ | 67,604 | | | | | 115% / $ 77,745 | | | | 118.4% / $280,558 | | | | P. Porshnev | | | | $251,040 / 60% | | | | | $ | 156,398 | | | | | | $ | 117,299 | | | | | | $ | 39,100 | | | | | 105.0% / $ 41,055 | | | | 63.1% / $158,353 | | |
| | S. Wilkerson | | | | $288,750 / 75% | | | | | $ | 329,464 | | | | | | $ | 247,098 | | | | | | $ | 82,366 | | | | | 115% / $ 94,721 | | | | 118.4% / $341,819 | | | | S. Wilkerson | | | | $306,300 / 75% | | | | | $ | 190,825 | | | | | | $ | 143,119 | | | | | | $ | 47,706 | | | | | 90.0% / $ 42,936 | | | | 60.7% / $186,054 | | |
| | Name | | | | Target Bonus 2024for | | | |||
| | W. Miller | | | | | | 110% | | | |
| | J. Kiernan | | | | | | 75% | | | |
| | A Devasahayam | | | | | | 60% | | | |
| | P. Porshnev | | | | | | 60% | | | |
| | S. Wilkerson | | | | | | 75% | | | |
| | | | | | | | | | | | | Performance-based Restricted Stock Units | | | | Time-based Restricted Stock | | | | | | | | | | | | | | | Performance-based Restricted Stock Units | | | | Time-based Restricted Stock | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | Name | | | | Date of Grant | | | | Amount | | | | Fair Market Value Per Share | | | | Total Value ($)(1) | | | | Amount | | | | Fair Market Value Per Share | | | | Total Value ($) | | | | Name | | | | Date of Grant | | | | Amount | | | | Fair Market Value Per Share | | | | Total Value ($)(1) | | | | Amount | | | | Fair Market Value Per Share | | | | Total Value ($) | | | ||||||||||||||||||||||||||||||||||||||||||
| | W. Miller | | | | | | 03/12/2021 | | | | | | | 78,000 | | | | | | $ | 22.70 | | | | | | $ | 1,770,600 | | | | | | | 42,000 | | | | | | $ | 22.70 | | | | | | $ | 953,400 | | | | | W. Miller | | | | | | 03/13/2023 | | | | | | | 81,250 | | | | | | $ | 20.82 | | | | | | $ | 1,691,625 | | | | | | | 43,750 | | | | | | $ | 20.82 | | | | | | $ | 910,875 | | | |
| | J. Kiernan | | | | | | 03/12/2021 | | | | | | | 22,750 | | | | | | $ | 22.70 | | | | | | $ | 516,425 | | | | | | | 12,250 | | | | | | $ | 22.70 | | | | | | $ | 278,075 | | | | | J. Kiernan | | | | | | 03/13/2023 | | | | | | | 17,550 | | | | | | $ | 20.82 | | | | | | $ | 365,391 | | | | | | | 9,450 | | | | | | $ | 20.82 | | | | | | $ | 196,749 | | | |
| | A. Devasahayam | | | | | | 03/12/2021 | | | | | | | 19,500 | | | | | | $ | 22.70 | | | | | | $ | 442,650 | | | | | | | 10,500 | | | | | | $ | 22.70 | | | | | | $ | 238,350 | | | | | A. Devasahayam | | | | | | 03/13/2023 | | | | | | | 15,600 | | | | | | $ | 20.82 | | | | | | $ | 324,792 | | | | | | | 8,400 | | | | | | $ | 20.82 | | | | | | $ | 174,888 | | | |
| | P. Porshnev | | | | | | 03/12/2021 | | | | | | | 19,500 | | | | | | $ | 22.70 | | | | | | $ | 442,650 | | | | | | | 10,500 | | | | | | $ | 22.70 | | | | | | $ | 238,350 | | | | | P. Porshnev | | | | | | 03/13/2023 | | | | | | | 15,600 | | | | | | $ | 20.82 | | | | | | $ | 324,792 | | | | | | | 8,400 | | | | | | $ | 20.82 | | | | | | $ | 174,888 | | | |
| | S. Wilkerson | | | | | | 03/12/2021 | | | | | | | 19,500 | | | | | | $ | 22.70 | | | | | | $ | 442,650 | | | | | | | 10,500 | | | | | | $ | 22.70 | | | | | | $ | 238,350 | | | | | S. Wilkerson | | | | | | 03/13/2023 | | | | | | | 15,600 | | | | | | $ | 20.82 | | | | | | $ | 324,792 | | | | | | | 8,400 | | | | | | $ | 20.82 | | | | | | $ | 174,888 | | | |
| | Performance Range | | | | Percentile Rank of Russell 2000 Index | | | | Percentage of Units Earned(1) | | |
| | Maximum | | | | 75th Percentile | | | | 200% | | |
| | Target | | | | | | | 100% | | | |
| | Threshold | | | | 25th Percentile | | | | 50% | | |
| | Below Threshold | | | | Less than 25th Percentile | | | | 0% | | |
| | Performance Range | | | | Percentile Rank of Russell 2000 Index | | | | Percentage of Units Earned(1) | | |
| | Maximum | | | | 75th Percentile | | | | 200% | | |
| | Target | | | | 55th Percentile | | | | 100% | | |
| | Threshold | | | | 25th Percentile | | | | 50% | | |
| | Below Threshold | | | | Less than 25th Percentile | | | | 0% | | |
| | Name and Principal Position | | | | Year | | | | Salary ($) | | | | Bonus ($) | | | | Stock Awards ($)(1) | | | | Option Awards ($) | | | | Non-Equity Incentive Plan Compen-sation ($)(2) | | | | All Other Compen-sation ($)(3) | | | | Total ($) | | | | Name and Principal Position | | | | Year | | | | Salary ($) | | | | Bonus ($) | | | | Stock Awards ($)(1) | | | | Option Awards ($) | | | | Non-Equity Incentive Plan Compensation ($)(2) | | | | All Other Compensation ($)(3) | | | | Total ($) | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | William J. Miller | | | | | | 2021 | | | | | | | 590,385 | | | | | | | — | | | | | | | 3,122,580 | | | | | | | — | | | | | | | 793,459 | | | | | | | 20,077 | | | | | | | 4,526,501 | | | | | William J. Miller | | | | | | 2023 | | | | | | | 633,400 | | | | | | | — | | | | | | | 3,531,188 | | | | | | | — | | | | | | | 434,069 | | | | | | | 12,347 | | | | | | | 4,611,004 | | | |
| | CEO | | | | | | 2020 | | | | | | | 597,116(a) | | | | | | | — | | | | | | | 1,121,618 | | | | | | | — | | | | | | | 872,850 | | | | | | | 18,925 | | | | | | | 2,610,509 | | | | | CEO | | | | | | 2022 | | | | | | | 618,077 | | | | | | | — | | | | | | | 4,741,020 | | | | | | | — | | | | | | | 535,990 | | | | | | | 19,797 | | | | | | | 5,914,884 | | | |
| | | | | | | | 2019 | | | | | | | 575,000 | | | | | | | — | | | | | | | 3,176,804 | | | | | | | — | | | | | | | — | | | | | | | 18,042 | | | | | | | 3,769,846(b) | | | | | | | | | | | 2021 | | | | | | | 590,385 | | | | | | | — | | | | | | | 3,122,580 | | | | | | | — | | | | | | | 793,459 | | | | | | | 20,077 | | | | | | | 4,526,501 | | | |
| | John P. Kiernan | | | | | | 2021 | | | | | | | 379,231 | | | | | | | — | | | | | | | 910,753 | | | | | | | — | | | | | | | 338,250 | | | | | | | 21,332 | | | | | | | 1,649,566 | | | | | John P. Kiernan | | | | | | 2023 | | | | | | | 418,400 | | | | | | | — | | | | | | | 762,737 | | | | | | | — | | | | | | | 195,498 | | | | | | | 13,664 | | | | | | | 1,390,299 | | | |
| | SVP, CFO | | | | | | 2020 | | | | | | | 371,896(a) | | | | | | | — | | | | | | | 534,693 | | | | | | | — | | | | | | | 322,920 | | | | | | | 20,280 | | | | | | | 1,249,789 | | | | | SVP, CFO | | | | | | 2022 | | | | | | | 404,231 | | | | | | | — | | | | | | | 1,580,340 | | | | | | | — | | | | | | | 251,228 | | | | | | | 22,394 | | | | | | | 2,258,193 | | | |
| | | | | | | | 2019 | | | | | | | 315,664 | | | | | | | — | | | | | | | 169,312 | | | | | | | — | | | | | | | — | | | | | | | 19,222 | | | | | | | 504,198 | | | | | | | | | | | 2021 | | | | | | | 379,231 | | | | | | | — | | | | | | | 910,753 | | | | | | | — | | | | | | | 338,250 | | | | | | | 21,332 | | | | | | | 1,649,566 | | | |
| | Adrian Devasahayam | | | | | | 2021 | | | | | | | 356,539 | | | | | | | — | | | | | | | 780,645 | | | | | | | — | | | | | | | 255,698 | | | | | | | 19,902 | | | | | | | 1,412,784 | | | | | Adrian Devasahayam | | | | | | 2023 | | | | | | | 383,400 | | | | | | | — | | | | | | | 677,988 | | | | | | | — | | | | | | | 145,107 | | | | | | | 11,142 | | | | | | | 1,217,637 | | | |
| | SVP, Product Line Management | | | | | | 2020 | | | | | | | 348,846(a) | | | | | | | — | | | | | | | 288,825 | | | | | | | — | | | | | | | 285,660 | | | | | | | 18,923 | | | | | | | 942,254 | | | | | SVP, Product Line Mgmt. | | | | | | 2022 | | | | | | | 371,539 | | | | | | | — | | | | | | | 987,713 | | | | | | | — | | | | | | | 179,230 | | | | | | | 19,572 | | | | | | | 1,558,054 | | | |
| | Peter Porshnev | | | | | | 2021 | | | | | | | 392,693 | | | | | | | — | | | | | | | 780,645 | | | | | | | — | | | | | | | 280,558 | | | | | | | 20,105 | | | | | | | 1,474,001 | | | | | | | 2021 | | | | | | | 356,539 | | | | | | | — | | | | | | | 780,645 | | | | | | | — | | | | | | | 255,698 | | | | | | | 19,902 | | | | | | | 1,412,784 | | | | ||||
| | SVP, Unified Engineering | | | | | | 2020 | | | | | | | 396,124(a) | | | | | | | — | | | | | | | 288,825 | | | | | | | — | | | | | | | 318,780 | | | | | | | 20,105 | | | | | | | 1,023,834 | | | | | Peter Porshnev | | | | | | 2023 | | | | | | | 418,400 | | | | | | | — | | | | | | | 677,988 | | | | | | | — | | | | | | | 158,353 | | | | | | | 13,739 | | | | | | | 1,268,480 | | | |
| | Susan Wilkerson | | | | | | 2021 | | | | | | | 382,692 | | | | | | | — | | | | | | | 780,645 | | | | | | | — | | | | | | | 341,819 | | | | | | | 17,901 | | | | | | | 1,523,057 | | | | | SVP, Unified Engineering | | | | | | 2022 | | | | | | | 406,539 | | | | | | | — | | | | | | | 987,713 | | | | | | | — | | | | | | | 195,958 | | | | | | | 20,802 | | | | | | | 1,611,012 | | | |
| | SVP, Global Sales & Services | | | | | | 2020 | | | | | | | 266,827(a) | | | | | | | — | | | | | | | 728,670 | | | | | | | — | | | | | | | 279,450 | | | | | | | 15,128 | | | | | | | 1,290,075 | | | | | | | 2021 | | | | | | | 392,693 | | | | | | | — | | | | | | | 780,645 | | | | | | | — | | | | | | | 280,558 | | | | | | | 20,105 | | | | | | | 1,474,001 | | | | ||||
| | Susan Wilkerson | | | | | | 2023 | | | | | | | 408,400 | | | | | | | — | | | | | | | 677,988 | | | | | | | — | | | | | | | 186,054 | | | | | | | 31,576 | | | | | | | 1,304,018 | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | SVP, Global Sales & Services | | | | | | 2022 | | | | | | | 396,539 | | | | | | | — | | | | | | | 987,713 | | | | | | | — | | | | | | | 245,100 | | | | | | | 22,119 | | | | | | | 1,651,471 | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | | | 382,692 | | | | | | | — | | | | | | | 780,645 | | | | | | | — | | | | | | | 341,819 | | | | | | | 17,901 | | | | | | | 1,523,057 | | | |
| | Restricted Stock Awards | | | | Restricted Stock Awards | | | ||||||||||||||||||||||||||||||||||||
| | Grant Date | | | | Grant Date Fair Value | | | | Name | | | | Number of Shares | | | | Grant Date | | | | Grant Date Fair Value | | | | Name | | | | Number of Shares | | | ||||||||||||
| | 03/12/2021(a) | | | | | $ | 27.81 | | | | | W. Miller | | | | | | 78,000 | | | | | 03/13/2023(a) | | | | | $ | 32.25 | | | | | W. Miller | | | | | | 81,250 | | | |
| | 03/12/2021 | | | | | | | | | | | J. Kiernan | | | | | | 22,750 | | | | | 03/13/2023 | | | | | | | | | | | J. Kiernan | | | | | | 17,550 | | | |
| | 03/12/2021 | | | | | | | | | | | A. Devasahayam | | | | | | 19,500 | | | | | 03/13/2023 | | | | | | | | | | | A. Devasahayam | | | | | | 15,600 | | | |
| | 03/12/2021 | | | | | | | | | | | P. Porshnev | | | | | | 19,500 | | | | | 03/13/2023 | | | | | | | | | | | P. Porshnev | | | | | | 15,600 | | | |
| | 03/12/2021 | | | | | | | | | | | S. Wilkerson | | | | | | 19,500 | | | | | 03/13/2023 | | | | | | | | | | | S. Wilkerson | | | | | | 15,600 | | | |
| | 03/12/2021(b) | | | | | $ | 22.70 | | | | | W. Miller | | | | | | 42,000 | | | | | 03/13/2023(b) | | | | | $ | 20.82 | | | | | W. Miller | | | | | | 43,750 | | | |
| | 03/12/2021 | | | | | | | | | | | J. Kiernan | | | | | | 12,250 | | | | | 03/13/2023 | | | | | | | | | | | J. Kiernan | | | | | | 9,450 | | | |
| | 03/12/2021 | | | | | | | | | | | A. Devasahayam | | | | | | 10,500 | | | | | 03/13/2023 | | | | | | | | | | | A. Devasahayam | | | | | | 8,400 | | | |
| | 03/12/2021 | | | | | | | | | | | P. Porshnev | | | | | | 10,500 | | | | | 03/13/2023 | | | | | | | | | | | P. Porshnev | | | | | | 8,400 | | | |
| | 03/12/2021 | | | | | | | | | | | S. Wilkerson | | | | | | 10,500 | | | | | 03/13/2023 | | | | | | | | | | | S. Wilkerson | | | | | | 8,400 | | | |
| | Name | | | | Car Allowance ($) | | | | 401(k) Matching Contribution ($) | | | | Premium for Group Term Life Insurance ($) | | | | Total Other Compensation ($)(a) | | | ||||||||||||
| | W. Miller | | | | | | 8,400 | | | | | | | 8,700 | | | | | | | 1,242 | | | | | | | 20,077 | | | |
| | J. Kiernan | | | | | | 8,400 | | | | | | | 8,700 | | | | | | | 2,322 | | | | | | | 21,332 | | | |
| | A. Devasahayam | | | | | | 8,400 | | | | | | | 8,700 | | | | | | | 1,242 | | | | | | | 19,902 | | | |
| | P. Porshnev | | | | | | 8,400 | | | | | | | 8,700 | | | | | | | 2,322 | | | | | | | 20,105 | | | |
| | S. Wilkerson | | | | | | 8,400 | | | | | | | 4,327 | | | | | | | 3,564 | | | | | | | 17,901 | | | |
| | Name | | | | 401(k) Matching Contribution ($) | | | | Premium for Group Term Life Insurance ($) | | | | Wellness Incentive ($) | | | | Total Other Compensation ($)(a) | | | ||||||||||||
| | W. Miller | | | | | | 9,900 | | | | | | | 2,322 | | | | | | | 125 | | | | | | | 12,347 | | | |
| | J. Kiernan | | | | | | 9,900 | | | | | | | 3,564 | | | | | | | 200 | | | | | | | 13,664 | | | |
| | A. Devasahayam | | | | | | 9,900 | | | | | | | 1,242 | | | | | | | — | | | | | | | 11,142 | | | |
| | P. Porshnev | | | | | | 9,900 | | | | | | | 3,564 | | | | | | | 275 | | | | | | | 13,739 | | | |
| | S. Wilkerson | | | | | | 9,900 | | | | | | | 3,564 | | | | | | | 125 | | | | | | | 31,576(a) | | | |
| | Name | | | | Wellness Incentive ($) | | | | Home Office Allowance ($) | | | ||||||
| | W. Miller | | | | | | 175 | | | | | | | 1,560 | | | |
| | J. Kiernan | | | | | | 350 | | | | | | | 1,560 | | | |
| | A. Devasahayam | | | | | | — | | | | | | | 1,560 | | | |
| | P. Porshnev | | | | | | 375 | | | | | | | 1,560 | | | |
| | S. Wilkerson | | | | | | 50 | | | | | | | 1,560 | | | |
| | | | | | | | | | | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | | | Estimated Future Payouts Under Equity Incentive Plan Awards(2) | | | | All Other Stock Awards: Number of Shares of Stock or Units (#)(3) | | | | All Other Option Awards: Number of Securities Underlying Options (#) | | | | Exercise or Base Price of Option Awards ($/Sh) | | | | Market Price on Date of Grant ($/Sh) | | | | Grant Date Fair Value of Stock and Option Awards ($) | | | | Name | | | | Grant Date | | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | | | Estimated Future Payouts Under Equity Incentive Plan Awards(2) | | | | All Other Stock Awards: Number of Shares of Stock or Units (#)(3) | | | | All Other Option Awards: Number of Securities Underlying Options (#) | | | | Exercise or Base Price of Option Awards ($/Sh) | | | | Market Price on Date of Grant ($/Sh) | | | | Grant Date Fair Value of Stock and Option Awards ($) | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | Name | | | | Grant Date | | | | Thresh-old ($) | | | | Target ($) | | | | Maximum ($) | | | | Thresh-old (#) | | | | Target (#) | | | | Maxi-mum (#) | | | | Threshold ($) | | | | Target ($) | | | | Maximum ($) | | | | Threshold (#) | | | | Target (#) | | | | Maximum (#) | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | W. Miller | | | | | | 02/03/2021 03/12/2021 | | | | | | | 163,625 | | | | | | | 654,500 | | | | | | | 1,309,000 | | | | | | | 39,000 | | | | | | | 78,000 | | | | | | | 156,000 | | | | | | | 42,000 | | | | | | | | | | | | | | | | | | | 3,122,580 | | | | | W. Miller | | | | | | 02/06/2023 03/13/2023 | | | | | | | 106,601 | | | | | | | 696,740 | | | | | | | 1,393,480 | | | | | | | 40,625 | | | | | | | 81,250 | | | | | | | 162,500 | | | | | | | 43,750 | | | | | | | | | | | | | | | | | | | 3,531,188 | | | |
| | J. Kiernan | | | | | | 02/03/2021 03/12/2021 | | | | | | | 67,375 | | | | | | | 269,500 | | | | | | | 539,000 | | | | | | | 11,375 | | | | | | | 22,750 | | | | | | | 45,500 | | | | | | | 12,250 | | | | | | | | | | | | | | | | | | | 910,753 | | | | | J. Kiernan | | | | | | 02/06/2023 03/13/2023 | | | | | | | 48,011 | | | | | | | 313,800 | | | | | | | 627,600 | | | | | | | 8,775 | | | | | | | 17,550 | | | | | | | 35,100 | | | | | | | 9,450 | | | | | | | | | | | | | | | | | | | 762,737 | | | |
| | A. Devasahayam | | | | | | 02/03/2021 03/12/2021 | | | | | | | 54,000 | | | | | | | 216,000 | | | | | | | 432,000 | | | | | | | 9,750 | | | | | | | 19,500 | | | | | | | 39,000 | | | | | | | 10,500 | | | | | | | | | | | | | | | | | | | 780,645 | | | | | A. Devasahayam | | | | | | 02/06/2023 03/13/2023 | | | | | | | 35,196 | | | | | | | 230,040 | | | | | | | 460,080 | | | | | | | 7,800 | | | | | | | 15,600 | | | | | | | 31,200 | | | | | | | 8,400 | | | | | | | | | | | | | | | | | | | 677,988 | | | |
| | P. Porshnev | | | | | | 02/03/2021 03/12/2021 | | | | | | | 59,250 | | | | | | | 237,000 | | | | | | | 474,000 | | | | | | | 9,750 | | | | | | | 19,500 | | | | | | | 39,000 | | | | | | | 10,500 | | | | | | | | | | | | | | | | | | | 780,645 | | | | | P. Porshnev | | | | | | 02/06/2023 03/13/2023 | | | | | | | 38,409 | | | | | | | 251,040 | | | | | | | 502,080 | | | | | | | 7,800 | | | | | | | 15,600 | | | | | | | 31,200 | | | | | | | 8,400 | | | | | | | | | | | | | | | | | | | 677,988 | | | |
| | S. Wilkerson | | | | | | 02/03/2021 03/12/2021 | | | | | | | 72,188 | | | | | | | 288,750 | | | | | | | 577,500 | | | | | | | 9,750 | | | | | | | 19,500 | | | | | | | 39,000 | | | | | | | 10,500 | | | | | | | | | | | | | | | | | | | 780,645 | | | | | S. Wilkerson | | | | | | 02/06/2023 03/13/2023 | | | | | | | 46,864 | | | | | | | 306,300 | | | | | | | 612,600 | | | | | | | 7,800 | | | | | | | 15,600 | | | | | | | 31,200 | | | | | | | 8,400 | | | | | | | | | | | | | | | | | | | 677,988 | | | |
| | | | | | Option Awards | | | | Stock Awards | | | | | | | | Option Awards | | | | Stock Awards | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | Name | | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | | | Option Exercise Price ($) | | | | Option Expiration Date | | | | Number of Shares or Units of Stock That Have Not Vested (#)(1) | | | | Market Value of Shares or Units of Stock That Have Not Vested ($) | | | | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(1) | | | | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) | | | | Name | | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | | | Option Exercise Price ($) | | | | Option Expiration Date | | | | Number of Shares or Units of Stock That Have Not Vested (#)(1) | | | | Market Value of Shares or Units of Stock That Have Not Vested ($) | | | | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(1) | | | | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) | | | |||||||||||||||||||||||||||||||||||||||||||||
| | W. Miller | | | | | | 35,000 | | | | | | | | | | | 33.00 | | | | | | | 05/24/2022 | | | | | | | 105,742 | | | | | | | 3,010,475 | | | | | | | 213,730 | | | | | | | 6,084,893 | | | | | W. Miller | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 85,750 | | | | | | | 2,660,823 | | | | | | | 237,250 | | | | | | | 7,361,868 | | | |
| | | | | | | | 16,000 | | | | | | | | | | | 30.47 | | | | | | | 12/12/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | J. Kiernan | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 25,268 | | | | | | | 784,066 | | | | | | | 66,300 | | | | | | | 2,057,289 | | | |
| | J. Kiernan | | | | | | 18,500 | | | | | | | | | | | 33.00 | | | | | | | 05/24/2022 | | | | | | | 25,490 | | | | | | | 725,701 | | | | | | | 61,100 | | | | | | | 1,739,518 | | | | | A. Devasahayam | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,734 | | | | | | | 550,286 | | | | | | | 51,350 | | | | | | | 1,593,391 | | | |
| | | | | | | | 8,000 | | | | | | | | | | | 30.47 | | | | | | | 12/12/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | P. Porshnev | | | | | | 10,000 | | | | | | | — | | | | | | | 37.26 | | | | | | | 06/30/2024 | | | | | | | 17,734 | | | | | | | 550,286 | | | | | | | 51,350 | | | | | | | 1,593,391 | | | |
| | A. Devasahayam | | | | | | 2,667 | | | | | | | | | | | 33.00 | | | | | | | 05/24/2022 | | | | | | | 26,518 | | | | | | | 754,967 | | | | | | | 45,000 | | | | | | | 1,281,150 | | | | | S. Wilkerson | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,734 | | | | | | | 550,286 | | | | | | | 51,350 | | | | | | | 1,593,391 | | | |
| | | | | | | | 3,680 | | | | | | | | | | | 30.47 | | | | | | | 12/12/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | P. Porshnev | | | | | | 10,000 | | | | | | | | | | | 29.21 | | | | | | | 10/31/2023 | | | | | | | 25,404 | | | | | | | 723,252 | | | | | | | 45,000 | | | | | | | 1,281,150 | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | 10,000 | | | | | | | | | | | 37.26 | | | | | | | 06/30/2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | S. Wilkerson | | | | | | — | | | | | | | | | | | — | | | | | | | — | | | | | | | 54,945 | | | | | | | 1,564,284 | | | | | | | 19,500 | | | | | | | 555,165 | | | |
| | | | | | Option Awards | | | | Stock Awards | | | ||||||||||||||||||||||||||||||||||||
| | Name | | | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | | | Option Exercise Price ($) | | | | Option Grant Date | | | | Number of Shares That Have Not Vested (#)(1) | | | | Restricted Stock Grant Date | | | ||||||||||||||||||||||||
| | W. Miller | | | | | | | | | | | | | | | | | | | | | | | | 03/ | | | | |||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/ | | | | |||||||||||||||||||
| | J. Kiernan | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||
| | | | | | 01/02/2020 | | | | |||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/ | | | | |||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/ | ||||||||||||||||||||||
| | | ||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/ | | | | |||||||||||||||||||
| | A. Devasahayam | | | | | | | | | | | | | | | | | | 23,000 | | | | | | | 03/12/2021 | | | | ||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/17/ | | | | |||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/ | | | | |||||||||||||||||||
| | P. Porshnev | | | | | | | | | | | | | | | | | | | | | | | | 03/ | | | | |||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/ | | | | |||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/ | | | | |||||||||||||||||||
| | S. Wilkerson | | | | | | | | | | | | | | | | | | 23,000 | | | | | | | 03/12/2021 | | | | ||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/ | ||||||||||||||||||||||
| | | ||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | 03/ | | | |
| | Name | | | | Option Awards | | | | Stock Awards | | | | Name | | | | Option Awards | | | | Stock Awards | | | ||||||||||||||||||||||||||||||||||||||||
| Number of Shares Acquired on Exercise (#)(1) | | | | Value Realized on Exercise ($) | | | | Number of Shares Acquired on Vesting (#)(1) | | | | Value Realized on Vesting ($) | | | | Number of Shares Acquired on Exercise (#)(1) | | | | Value Realized on Exercise ($) | | | | Number of Shares Acquired on Vesting (#)(1) | | | | Value Realized on Vesting ($) | | | |||||||||||||||||||||||||||||||||
| | W. Miller | | | | | | — | | | | | | | — | | | | | | | 452,226 | | | | | | | 10,207,649 | | | | | W. Miller | | | | | | — | | | | | | | — | | | | | | | 196,386 | | | | | | | 4,091,384 | | | |
| | J. Kiernan | | | | | | — | | | | | | | — | | | | | | | 13,371 | | | | | | | 293,179 | | | | | J. Kiernan | | | | | | — | | | | | | | — | | | | | | | 72,085 | | | | | | | 1,512,121 | | | |
| | A. Devasahayam | | | | | | — | | | | | | | — | | | | | | | 12,898 | | | | | | | 291,353 | | | | | A. Devasahayam | | | | | | — | | | | | | | — | | | | | | | 51,000 | | | | | | | 1,061,793 | | | |
| | P. Porshnev | | | | | | — | | | | | | | — | | | | | | | 17,460 | | | | | | | 395,253 | | | | | P. Porshnev | | | | | | — | | | | | | | — | | | | | | | 50,000 | | | | | | | 1,041,283 | | | |
| | S. Wilkerson | | | | | | — | | | | | | | — | | | | | | | 22,222 | | | | | | | 511,328 | | | | | S. Wilkerson | | | | | | — | | | | | | | — | | | | | | | 28,639 | | | | | | | 544,299 | | | |
| | Name | | | | Number of Shares Withheld and/or Sold for Tax Withholding (#) | | | |||
| | W. Miller | | | | | | | | | |
| | J. Kiernan | | | | | | | | | |
| | A. Devasahayam | | | | | | | | | |
| | P. Porshnev | | | | | | | | | |
| | S. Wilkerson | | | | | | | | |
| | | | | | Number of securities to be issued upon exercise of outstanding options, warrants, and rights (A) | | | | Weighted average exercise price of outstanding options, warrants, and rights(1) (B) | | | | Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (A)) (C) | | | | | | | | Number of securities to be issued upon exercise of outstanding options, warrants, and rights (A) | | | | Weighted average exercise price of outstanding options, warrants, and rights(1) (B) | | | | Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (A)) (C) | | | ||||||||||||||||||
| | Equity compensation plans approved by security holders | | | | | | 1,131,786 | | | | | | $ | 32.12 | | | | | | | 3,098,385 | | | | | Equity compensation plans approved by security holders | | | | | | 1,137,554 | | | | | | $ | 37.42 | | | | | | | 3,679,950 | | | |
| | Equity compensation plans not approved by security holders | | | | | | 2,000 | | | | | | $ | 37.70 | | | | | | | — | | | | | Equity compensation plans not approved by security holders | | | | | | — | | | | | | | — | | | | | | | — | | | |
| | Total | | | | | | 1,133,786 | | | | | | | | | | | | | | 3,098,385 | | | | | Total | | | | | | 1,137,554 | | | | | | | | | | | | | | 3,679,950 | | | |
| | | | | | | | | | | | | | | | | Stock Options | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Stock Options | | | | | | | | | | | | | | | | | ||||||||||||||||||||
| | Name | | | | Event | | | | Salary & Other Continuing Payments ($)(1) | | | | Accelerated Vesting of Stock Options ($) | | | | Extension of Post- Termination Exercise Period ($)(2) | | | | Accelerated Vesting of Stock Awards ($)(3) | | | | Total ($) | | | | Name | | | | Event | | | | Salary & Other Continuing Payments ($)(1) | | | | Accelerated Vesting of Stock Options ($) | | | | Extension of Post- Termination Exercise Period ($)(2) | | | | Accelerated Vesting of Stock Awards ($)(3) | | | | Total ($) | | | ||||||||||||||||||||||||||||||
| | W. Miller | | | | Termination without Cause or resignation for Good Reason | | | | | | 1,876,755 | | | | | | | 0 | | | | | | | 0 | | | | | | | 3,010,475 | | | | | | | 4,887,229 | | | | | W. Miller | | | | Termination without Cause or resignation for Good Reason | | | | | | 2,013,286 | | | | | | | 0 | | | | | | | 0 | | | | | | | 2,660,823 | | | | | | | 4,674,109 | | | |
| | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 3,185,755 | | | | | | | 0 | | | | | | | 0 | | | | | | | 9,095,368 | | | | | | | 12,281,122 | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 3,406,766 | | | | | | | 0 | | | | | | | 0 | | | | | | | 10,022,690 | | | | | | | 13,429,456 | | | | ||||
| | J. Kiernan | | | | Termination without Cause or resignation for Good Reason | | | | | | 577,500 | | | | | | | 0 | | | | | | | 0 | | | | | | | 725,700 | | | | | | | 1,303,200 | | | | | J. Kiernan | | | | Termination without Cause or resignation for Good Reason | | | | | | 627,600 | | | | | | | 0 | | | | | | | 0 | | | | | | | 784,066 | | | | | | | 1,411,666 | | | |
| | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 1,275,682 | | | | | | | 0 | | | | | | | 0 | | | | | | | 2,465,217 | | | | | | | 3,740,899 | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 1,449,587 | | | | | | | 0 | | | | | | | 0 | | | | | | | 2,841,355 | | | | | | | 4,290,942 | | | | ||||
| | A. Devasahayam | | | | Qualifying Termination under the Severance Benefits Policy | | | | | | 270,000 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 270,000 | | | | | A. Devasahayam | | | | Qualifying Termination under the Severance Benefits Policy | | | | | | 287,550 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 287,550 | | | |
| | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 1,080,000 | | | | | | | 0 | | | | | | | 0 | | | | | | | 2,036,117 | | | | | | | 3,116,117 | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 1,150,200 | | | | | | | 0 | | | | | | | 0 | | | | | | | 2,143,677 | | | | | | | 3,293,877 | | | | ||||
| | P. Porshnev | | | | Qualifying Termination under the Severance Benefits Policy | | | | | | 295,547 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 295,547 | | | | | P. Porshnev | | | | Qualifying Termination under the Severance Benefits Policy | | | | | | 332,537 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 332,537 | | | |
| | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 1,215,545 | | | | | | | 0 | | | | | | | 0 | | | | | | | 2,004,402 | | | | | | | 3,219,946 | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 1,292,687 | | | | | | | 0 | | | | | | | 0 | | | | | | | 2,143,677 | | | | | | | 3,436,364 | | | | ||||
| | S. Wilkerson | | | | Qualifying Termination under the Severance Benefits Policy | | | | | | 230,084 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 230,084 | | | | | S. Wilkerson | | | | Qualifying Termination under the Severance Benefits Policy | | | | | | 258,430 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 258,430 | | | |
| | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 1,320,095 | | | | | | | 0 | | | | | | | 0 | | | | | | | 2,119,449 | | | | | | | 3,439,544 | | | | | Termination without Cause or resignation for Good Reason following a Change of Control(4) | | | | | | 1,395,674 | | | | | | | 0 | | | | | | | 0 | | | | | | | 2,143,677 | | | | | | | 3,539,351 | | | |
| | Year | | | | Summary Compensation Table (SCT) Total for PEO ($)(1) | | | | Compensation Actually Paid to PEO ($)(1)(3) | | | | Average SCT Total for Non- PEO NEOs ($)(2) | | | | Average Compensation Actually Paid to Non-PEO NEOs ($)(2)(3) | | | | Value of Initial Fixed $100 Investment based on: | | | | Net Income (Loss) ($ thousands) | | | | Adjusted Operating Income ($ thousands) | | | ||||||||||||||||||||||||||||
| Company TSR(4) | | | | Peer Group TSR(4) | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| | 2023 | | | | | | 4,611,004 | | | | | | | 13,124,880 | | | | | | | 1,295,109 | | | | | | | 3,300,891 | | | | | | | 211.30 | | | | | | | 38.89 | | | | | | | (30,368) | | | | | | | 122,410 | | | |
| | 2022 | | | | | | 5,914,884 | | | | | | | 894,752 | | | | | | | 1,769,683 | | | | | | | 409,560 | | | | | | | 126.48 | | | | | | | 36.09 | | | | | | | 166,942 | | | | | | | 116,577 | | | |
| | 2021 | | | | | | 4,526,501 | | | | | | | 13,102,240 | | | | | | | 1,514,852 | | | | | | | 2,755,988 | | | | | | | 193.81 | | | | | | | 81.82 | | | | | | | 26,038 | | | | | | | 104,367 | | | |
| | 2020 | | | | | | 2,610,509 | | | | | | | 5,331,974 | | | | | | | 1,138,308 | | | | | | | 1,483,327 | | | | | | | 118.18 | | | | | | | 132.76 | | | | | | | (8,391) | | | | | | | 66,873 | | | |
| | | | | | 2023 | | | | 2022 | | | | 2021 | | | | 2020 | | | ||||||||||||||||||||||||||||||||||||||||
| | | | | | PEO ($) | | | | Average for Non- PEO NEOs ($) | | | | PEO ($) | | | | Average for Non- PEO NEOs ($) | | | | PEO ($) | | | | Average for Non- PEO NEOs ($) | | | | PEO ($) | | | | Average for Non- PEO NEOs ($) | | | ||||||||||||||||||||||||
| | Total Compensation from SCT | | | | | | 4,611,004 | | | | | | | 1,295,109 | | | | | | | 5,914,884 | | | | | | | 1,769,683 | | | | | | | 4,526,501 | | | | | | | 1,514,852 | | | | | | | 2,610,509 | | | | | | | 1,138,308 | | | |
| | Deduct: Amounts Reported Under “Stock Awards” and “Option Awards” columns in SCT | | | | | | (3,531,188) | | | | | | | (699,175) | | | | | | | (4,741,020) | | | | | | | (1,135,870) | | | | | | | (3,122,580) | | | | | | | (813,172) | | | | | | | (1,121,618) | | | | | | | (460,253) | | | |
| | Add: Year-end value of equity awards granted in covered year that were outstanding and unvested as of the end of the covered fiscal year(a)(b) | | | | | | 5,828,750 | | | | | | | 1,154,093 | | | | | | | 2,517,420 | | | | | | | 603,132 | | | | | | | 4,362,540 | | | | | | | 1,136,078 | | | | | | | 2,140,579 | | | | | | | 780,839 | | | |
| | Add: The amount of change in fair values as of year-end (from end of the prior year) of awards granted in prior years and outstanding at year-end(a)(b) | | | | | | 5,341,740 | | | | | | | 1,348,802 | | | | | | | (2,779,460) | | | | | | | (737,886) | | | | | | | 4,456,145 | | | | | | | 828,795 | | | | | | | 1,868,289 | | | | | | | 56,706 | | | |
| | Add: The amount of change in fair values as of the vesting date (from end of the prior year) of awards granted in any prior fiscal year for which vesting conditions were satisfied during the covered fiscal year (a)(b) | | | | | | 874,573 | | | | | | | 202,063 | | | | | | | (17,073) | | | | | | | (89,499) | | | | | | | 2,879,634 | | | | | | | 89,435 | | | | | | | (165,785) | | | | | | | (32,272) | | | |
| | Compensation Actually Paid | | | | | | 13,124,880 | | | | | | | 3,300,891 | | | | | | | 894,752 | | | | | | | 409,560 | | | | | | | 13,102,240 | | | | | | | 2,755,988 | | | | | | | 5,331,974 | | | | | | | 1,483,327 | | | |
| | Date | | | | Stock Price | | | |||
| | 12/31/2019 | | | | | $ | 14.69 | | | |
| | 12/31/2020 | | | | | $ | 17.36 | | | |
| | 12/31/2021 | | | | | $ | 28.47 | | | |
| | 12/31/2022 | | | | | $ | 18.58 | | | |
| | 12/31/2023 | | | | | $ | 31.03 | | | |
| | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | Per Share Fair Value at… | | | | ||||||||||||||||||||||||||||||||||||||||
| | | | Award | | | | Grant Date | | | | Grant Date | | | | 12/31/2019 | | | | 12/31/2020 | | | | 12/31/2021 | | | | 12/31/2022 | | | | 12/31/2023 | | | | |||||||||||||||||||||||
| 2018 PRSU(c) | | | | | | 10/1/2018 | | | | | | $ | 15.58 | | | | | | $ | 25.01 | | | | | | $ | 31.99 | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
| 2019 PRSU(d) | | | | | | 3/14/2019 | | | | | | $ | 14.46 | | | | | | $ | 20.36 | | | | | | $ | 24.81 | | | | | | $ | 56.29 | | | | | | | | | | | | | | | | | | | |||||
| 2020 PRSU(d) | | | | | | 3/17/2020 | | | | | | $ | 10.59 | | | | | | | | | | | | | $ | 18.92 | | | | | | $ | 43.47 | | | | | | $ | 29.82 | | | | | | | | | | | | |||||
| 2021 PRSU(e) | | | | | | 3/12/2021 | | | | | | $ | 27.81 | | | | | | | | | | | | | | | | | | | | $ | 40.60 | | | | | | $ | 24.76 | | | | | | $ | 60.39 | | | | | |||||
| 2022 PRSU(e) | | | | | | 3/17/2022 | | | | | | $ | 45.28 | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 22.27 | | | | | | $ | 48.42 | | | | | |||||
| 2023 PRSU(e) | | | | | | 3/13/2023 | | | | | | $ | 32.25 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 55.03 | | | | |
| | | | | | For the Year Ended December 31, 2021 (in thousands) | | | | For the Year Ended December 31, 2020 (in thousands) | | | | | | | | For the Year Ended December 31, 2023 (in thousands) | | | | For the Year Ended December 31, 2022 (in thousands) | | | ||||||||||||
| | Audit Fees(1) | | | | | $ | 1,873 | | | | | | $ | 2,093 | | | | | Audit Fees(1) | | | | | $ | 2,516 | | | | | | $ | 2,158 | | | |
| | Audit-related Fees | | | | | | — | | | | | | | — | | | | | Audit-related Fees | | | | | | — | | | | | | | — | | | |
| | Tax Fees(2) | | | | | | 123 | | | | | | | 74 | | | | | Tax Fees(2) | | | | | | 23 | | | | | | | 263 | | | |
| | Total | | | | | $ | 1,996 | | | | | | $ | 2,167 | | | | | Total | | | | | $ | 2,539 | | | | | | $ | 2,421 | | | |
| | Name | | | | Nominated for Election to: | | | | For a Term Expiring at the Annual Meeting of Stockholders in: | | | |||
| | | | | Class | | | | | | | | | ||
| | | | | Class | | | | | | | | | ||
| | | | | Class | | | | | | | | |
| | Name | | | | Continuing in: | | | | Term Expires at the Annual Meeting of Stockholders in: | | | |||
| | Sujeet Chand, Ph.D. | | | | Class I | | | | | | 2025 | | | |
| | William J. Miller, Ph.D. | | | | Class I | | | | | | 2025 | | | |
| | Thomas St. Dennis | | | | Class I | | | | | | 2025 | | | |
| | Kathleen A. Bayless | | | | Class II | | | | | | | | | |
| | Gordon Hunter | | | | Class II | | | | | | | | | |
| | | | | Class II | | | | | | |||||
| | |
| | | | | | | | | | Director since | | | | | | | | Committee Membership | | | | | | | | | | | | Director since | | | | | | | | Committee Membership | | | ||||||||||||||||
| | Name | | | | Age | | | | Independent(1) | | | | AC | | | | CC | | | | GC | | | | Name | | | | Age | | | | Independent(1) | | | | AC | | | | CC | | | | GC | | | ||||||||
| | Kathleen A. Bayless | | | | 65 | | | | 2016 | | | | Yes | | | | C/FE | | | | | | | | | | | | Kathleen A. Bayless | | | | 67 | | | | 2016 | | | | Yes | | | | C/FE | | | | M | | | | | | |
| | Sujeet Chand, Ph.D. | | | | 64 | | | | 2021 | | | | Yes | | | | | | | | | | | | M | | | | Sujeet Chand, Ph.D. | | | | 66 | | | | 2021 | | | | Yes | | | | | | | | | | | | M | | |
| | Richard A. D’Amore | | | | 68 | | | | 1990 | | | | Yes (Chair) | | | | | | | | M | | | | | | | | Richard A. D’Amore | | | | 70 | | | | 1990 | | | | Yes (Chair) | | | | | | | | M | | | | | | |
| | Gordon Hunter | | | | 70 | | | | 2010 | | | | Yes | | | | | | | | C | | | | M | | | | Gordon Hunter | | | | 72 | | | | 2010 | | | | Yes | | | | | | | | C | | | | M | | |
| | Keith D. Jackson | | | | 66 | | | | 2012 | | | | Yes | | | | M/FE | | | | | | | | C | | | | Keith D. Jackson | | | | 68 | | | | 2012 | | | | Yes | | | | M/FE | | | | | | | | C | | |
| | William J. Miller, Ph.D. | | | | 53 | | | | 2018 | | | | No | | | | | | | | | | | | | | | | William J. Miller, Ph.D. | | | | 55 | | | | 2018 | | | | No | | | | | | | | | | | | | | |
| | Mary Jane Raymond | | | | 61 | | | | 2019 | | | | Yes | | | | M/FE | | | | | | | | | | | | Lena Nicolaides, Ph.D. | | | | 53 | | | | 2022 | | | | Yes | | | | | | | | | | | | M | | |
| | Peter J. Simone | | | | 74 | | | | 2004 | | | | Yes | | | | M/FE | | | | | | | | M | | | | Mary Jane Raymond | | | | 63 | | | | 2019 | | | | Yes | | | | M/FE | | | | | | | | | | |
| | Thomas St. Dennis | | | | 68 | | | | 2016 | | | | Yes | | | | | | | | M | | | | | | | | Thomas St. Dennis | | | | 70 | | | | 2016 | | | | Yes | | | | M/FE | | | | M | | | | | | |
| | | Awards are merit-based as part of our overall compensation program. | | |
| | | An independent committee of the Board of Directors administers the Plan. | | |
| | | Awards other than stock options and stock appreciation rights are charged against the Plan share reserve at the rate of 1.5 shares for each share actually granted. | | |
| | | Awards may be in the form of stock options, SARs, restricted stock, restricted stock units and dividend equivalents. | | |
| | | Stock options and SARs may not be re-priced without prior approval of our stockholders. | ||
Stock options and SARs may not be granted below fair market value. | | ||||
| | | Shares tendered or withheld in payment of a stock option exercise or for taxes on an award, and shares repurchased by the Company generally are not available again for grant under the Plan. | | |
| | | The Plan reserve is reduced by the full amount of shares granted as SARs, regardless of the number of shares upon which payment is made. | | |
| | | Dividends and dividend equivalents on awards are not paid unless and until the award vests. | |
| | | the acquisition of 30% or more of the Company’s stock by any individual or entity including by tender offer or a reverse merger; | | |
| | | a sale, transfer or other disposition of all or substantially all of the assets of the Company; | | |
| | | a merger or consolidation in which the Company is not the surviving entity; | | |
| | | a complete liquidation or dissolution; or | | |
| | | a change in the composition of the Board such that a majority of the Board members ceases, by reason of one or more contested elections for Board membership, to be comprised of individuals who are either current Board members or Board members who were elected or nominated for election by at least two-thirds of the current members of the Board. | |
| | Name and Title of Individual, or Group | | | | Number of Performance Share Awards and PRSUs granted (A) | | | | Number of Restricted Stock Awards granted | | | | Number of RSUs granted | | | | Number of shares underlying Options granted | | | | Name and Title of Individual, or Group | | | | Number of Performance Share Awards and PRSUs granted (A) | | | | Number of Restricted Stock Awards granted | | | | Number of RSUs granted | | | | Number of shares underlying Options granted | | | ||||||||||||||||||||||||
| | William J. Miller, CEO | | | | | | 690,421 | | | | | | | 309,763 | | | | | | | 0 | | | | | | | 132,310 | | | | | William J. Miller, CEO | | | | | | 978,737 | | | | | | | 351,763 | | | | | | | 43,750 | | | | | | | 132,310 | | | |
| | John P. Kiernan, SVP, CFO | | | | | | 88,809 | | | | | | | 78,522 | | | | | | | 0 | | | | | | | 55,720 | | | | | John P. Kiernan, SVP, CFO | | | | | | 168,021 | | | | | | | 92,522 | | | | | | | 9,450 | | | | | | | 55,720 | | | |
| | Adrian Devasahayam, SVP, Product Line Mgmt. | | | | | | 47,310 | | | | | | | 79,349 | | | | | | | 5,400 | | | | | | | 18,640 | | | | | Adrian Devasahayam, SVP, Product Line Mgmt. | | | | | | 99,944 | | | | | | | 88,099 | | | | | | | 13,800 | | | | | | | 18,640 | | | |
| | Peter Porshnev, SVP, Unified Engineering | | | | | | 52,526 | | | | | | | 89,090 | | | | | | | 5,000 | | | | | | | 30,530 | | | | | Peter Porshnev, SVP, Unified Engineering | | | | | | 105,160 | | | | | | | 97,840 | | | | | | | 13,400 | | | | | | | 30,530 | | | |
| | Susan Wilkerson, SVP, Global Sales & Services | | | | | | 19,500 | | | | | | | 77,167 | | | | | | | 0 | | | | | | | 0 | | | | | Susan Wilkerson, SVP, Global Sales & Services | | | | | | 51,350 | | | | | | | 85,917 | | | | | | | 8,400 | | | | | | | 0 | | | |
| | All current executive officers, as a group | | | | | | 898,566 | | | | | | | 633,891 | | | | | | | 10,400 | | | | | | | 237,200 | | | | | All current executive officers, as a group | | | | | | 1,403,212 | | | | | | | 716,141 | | | | | | | 88,800 | | | | | | | 237,200 | | | |
| | All non-executive directors, as a group | | | | | | 0 | | | | | | | 395,113 | | | | | | | 0 | | | | | | | 0 | | | | | All non-executive directors, as a group | | | | | | 0 | | | | | | | 504,072 | | | | | | | 0 | | | | | | | 0 | | | |
| | All employees, other than current executive officers, as a group | | | | | | 860,799 | | | | | | | 5,117,405 | | | | | | | 1,005,508 | | | | | | | 2,462,097 | | | | | All employees, other than current executive officers, as a group | | | | | | 1,034,537 | | | | | | | 5,873,489 | | | | | | | 2,109,461 | | | | | | | 2,462,097 | | | |
| | Proposal: | | | | Vote Required: | | | | Broker Discretionary Voting Allowed? | | |
| | Proposal 1 – Election of Three Directors | | | | Majority of the Shares Cast for Each Director Nominee | | | | No | | |
| | Proposal 2 – Amendment to the 2019 Stock Incentive Plan | | | | Majority of the Votes Cast | | | | No | | |
| | Proposal 3 – Advisory Vote on Executive Compensation | | | | Majority of the Votes Cast | | | | No | | |
| | Proposal 4 – Ratification of Auditors for Fiscal Year | | | | Majority of the Votes Cast | | | | Yes | | |