Engel Kevin K. sold AMKR
February 23, 2024 · Form 4 insider transaction
Engel Kevin K. sold 372 shares of Amkor Technology, Inc. at $30.59 per share, a transaction worth $11.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
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 24, 2022 (the "Grant Date") pursuant to the Issuer's 2021 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.; On February 22, 2024, the Reporting Person filed a Form 4 (the "Previous Form 4") which inadvertently underreported by 28 shares the number of shares of Amkor Technology, Inc. (the "Issuer") common stock ("Shares") withheld by the Issuer in connection with the vesting of performance-vested restricted stock units to satisfy the Reporting Person's tax withholding obligations. As a result, the Previous Form 4 inadvertently reported that the Reporting Person beneficially owned 4,411 Shares as of February 20, 2024, instead of 4,383. As of February 23, 2024, the Reporting Person beneficially owned 4,921 Shares.