Executive Vice President Engel Kevin was granted 2,731 shares, covered exercise/tax liability with 3,991 shares and converted options into 6,358 shares, increasing direct ownership by 408% to 6,347 units (SEC Form 4)
$AMKR
Semiconductors
Technology
| 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 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
AMKOR TECHNOLOGY, INC. [ AMKR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/19/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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 | 02/19/2025 | A(1) | 2,731 | A | $0 | 3,980 | D | |||
| Common Stock | 02/19/2025 | F(2) | 1,343 | D | $22.72 | 2,637 | D | |||
| Common Stock | 02/20/2025 | M | 6,358 | A | $0 | 8,995 | D | |||
| Common Stock | 02/20/2025 | F(3) | 2,648 | D | $1 | 6,347 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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 | ||||||||
| Restricted Stock Units | $0 | 02/20/2025 | M | 6,358 | (4) | (4) | Common Stock | 6,358 | $0 | 13,165 | D | ||||
| Restricted Stock Units | $0 | 02/20/2025 | A | 32,594 | (5) | (5) | Common Stock | 32,594 | $0 | 32,594 | D | ||||
| Restricted Stock Units | $0 | 02/20/2025 | A | 43,459 | (6) | (6) | Common Stock | 43,459 | $0 | 43,459 | D | ||||
| Explanation of Responses: |
| 1. This Form 4 reports the vesting on February 19, 2025 of 2,731 shares of common stock of Amkor Technology, Inc. (the "Issuer") underlying performance-vested restricted stock units ("PSUs") granted to the Reporting Person on February 20, 2024 pursuant to the Issuer's Equity Incentive Plan, as amended, and the related award agreement. The PSUs vested based on the attainment of a basic earnings per share performance goal over a one-year performance period beginning January 1, 2024 and ending on December 31, 2024. |
| 2. The transaction represents shares of the Issuer's common stock withheld by the Issuer in connection with the vesting of PSUs to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person. |
| 3. The transaction represents shares withheld by the Issuer in connection with the vesting of certain restricted stock units ("RSUs") granted to the Reporting Person on February 20, 2024 (the "2024 Grant Date") pursuant to the Issuer's Equity Incentive Plan, as amended, and the related award agreement. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person. |
| 4. On the 2024 Grant Date, the Reporting Person was granted 19,747 RSUs which vest in three equal annual installments beginning on the first anniversary of the 2024 Grant Date. |
| 5. Represents shares of the Issuer's common stock underlying time-vested RSUs granted on February 20, 2025 (the "2025 Grant Date") pursuant to the Issuer's Equity Incentive Plan, as amended. The RSUs were awarded for no consideration other than the Reporting Person's service as an officer of the Issuer and will vest in three equal annual installments beginning on the first anniversary of the 2025 Grant Date and annually thereafter, such that 100% will be vested on the third anniversary of the 2025 Grant Date. |
| 6. Represents shares of the Issuer's common stock underlying time-vested RSUs granted on the 2025 Grant Date pursuant to the Issuer's Equity Incentive Plan, as amended. The RSUs were awarded for no consideration other than the Reporting Person's service as an officer of the Issuer and will vest in five equal installments on each of June 30, 2025, September 30, 2025, December 31, 2025, March 31, 2026, and June 30, 2026, such that 100% will be vested on June 30, 2026. |
| Remarks: |
| Mark N. Rogers, Attorney-in-Fact for Kevin Engel | 02/21/2025 | |
| ** 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. | ||