Close

Form 4 AMKOR TECHNOLOGY, INC. For: Feb 22 Filed by: Rutten Guillaume Marie Jean

February 26, 2024 6:56 PM EST
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Rutten Guillaume Marie Jean

(Last) (First) (Middle)
2045 EAST INNOVATION CIRCLE

(Street)
TEMPE AZ 85284

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AMKOR TECHNOLOGY, INC. [ AMKR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/22/2024   M   10,625 A $ 9.48 144,353 D  
Common Stock 02/22/2024   M   4,375 A $ 14.17 148,728 D  
Common Stock 02/22/2024   S (1)   25,000 D $ 30.63 (2) 123,728 D  
Common Stock 02/23/2024   A   10,748 A $ 0 134,476 D  
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right-to-Buy) $ 9.48 02/22/2024   M     10,625 (3) 02/15/2020 (4) 02/15/2029 Common Stock 10,625 (3) $ 0 0 D  
Employee Stock Option (Right-to-Buy) $ 14.17 02/22/2024   M     4,375 10/30/2020 (5) 07/30/2030 Common Stock 4,375 $ 0 98,125 D  
Restricted Stock Units $ 0 (6) 02/23/2024   M     10,748   (6)   (6) Common Stock 10,748 $ 0 21,496 D  
Explanation of Responses:
1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2023.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.40 to $31.00. The Reporting Person hereby undertakes to provide, upon request, to the staff of the Securities and Exchange Commission, Amkor Technology, Inc. (the "Issuer"), or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
3. On March 17, 2023, the Reporting Person filed a Form 4 which inadvertently reported that the Reporting Person beneficially owned 15,265 2019 Options Shares (as defined below) as of March 15, 2023, instead of 15,625. As of February 22, 2024, the Reporting Person beneficially owned 0 2019 Option Shares.
4. This stock option (the "2019 Option") to acquire 150,000 shares of the Issuer's common stock (the "2019 Option Shares") was granted on February 15, 2019 (the "2019 Option Grant Date") and vested over four years as follows: (i) with respect to 25% of the 2019 Option Shares, on the first anniversary of the 2019 Option Grant Date; and (ii) with respect to the remainder of the 2019 Option Shares, in equal quarterly installments thereafter, such that 100% of the 2019 Option vested on the fourth anniversary of the 2019 Option Grant Date.
5. This stock option (the "2020 Option") to acquire 375,000 shares of the Issuer's common stock was granted on July 30, 2020 (the "2020 Option Grant Date") and vested in equal quarterly installments over three years, such that 100% of the 2020 Option vested on the third anniversary of the 2020 Option Grant Date.
6. On February 24, 2022 (the "RSU Grant Date"), the Reporting Person was granted 42,992 time-vested restricted stock units ("RSUs") pursuant to the Issuer's 2021 Equity Incentive Plan, as amended, and the applicable award agreement. The RSUs convert into shares of the Issuer's common stock on a one-to-one basis and vest in four equal annual installments beginning on the first anniversary of the RSU Grant Date.
Mark N. Rogers, Attorney-in-Fact for Guillaume Marie Jean Rutten 02/26/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings