SEC Form 4 · accession 0001179110-16-031042
AXT INC · AXTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary L Fischer
Officer — VP, CFO & Corporate Secretary
Period of report
Oct 28, 2016
Accepted (ET)
Nov 1, 2016 · 2:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001051627
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 28, 2016 | A | 21,895 | $0.00 | A | 58,895 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $5.21 | Oct 28, 2016 | A | 65,685 | A | Oct 28, 2017 | Oct 28, 2026 | Common Stock | 65,685 | 376,685 | D |
Explanation of responses
- F1Represent grant of restricted stock awards which vest in four equal installments on each anniversary of the date of grant.
- F21/4 vested on first year anniversary and 1/48 monthly thereafter.