Amtech Systems (ASYS) Form 4 AMTECH SYSTEMS / ROBERT C DAIGLE ownership change

SEC Form 4

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).

1. Name and Address of Reporting Person^*

DAIGLE ROBERT C

(Last) (First) (Middle)

C/O AMTECH SYSTEMS, INC.

131 S. CLARK DRIVE

(Street)

TEMPE AZ 85288

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMTECH SYSTEMS INC [ ASYS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2023

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
Amtech Systems, Inc. $0.01 par value common stock	08/15/2023	08/15/2023	P		233	A	$8.75	19,703	D
Amtech Systems, Inc. $0.01 par value common stock	08/16/2023	08/16/2023	P		1,000	A	$8.76	20,703	D
Amtech Systems, Inc. $0.01 par value common stock	08/16/2023	08/16/2023	P		1,200	A	$8.75	21,903	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
Amtech Systems, Inc. Employee Stock Option	$9	08/14/2023		A		150,000		08/14/2023(1)	08/14/2033	Amtech Systems, Inc. $0.01 par value common stock	150,000	(2)	150,000	D
Restricted Stock Units	(3)	08/14/2023		A		55,556(4)		08/14/2024(5)	(5)	Amtech Systems, Inc. $0.01 par value common stock	55,556	$0.00	55,556	D

Explanation of Responses:

1. 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.

2. Price omitted because the transaction is a grant of a stock option.

3. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Amtech Systems, Inc.

4. 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.

5. 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.

Remarks:

	/s/ Robert C. Daigle	08/16/2023
	** 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).
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