SEC Form 4 · accession 0001179110-16-032165
AXT INC · AXTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Morris S Young
Officer — Chief Executive Officer · Director
Period of report
Nov 25, 2016
Accepted (ET)
Nov 29, 2016 · 2:43 pm EST
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 Stock | Nov 25, 2016 | S | 10,512 | $5.10 | D | 1,139,504 | D | |
| Common StockF1 | Nov 28, 2016 | S | 34,556 | $5.13 | D | 1,104,948 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11. This total includes 284,465 shares of common stock held by the Young Family Trust for which the Reporting Person serves as trustee, 410,000 shares of common stock held by the Morris S. S. Young 2016 Annuity Trust for which the Reporting Person serves as trustee, 410,000 shares of common stock held by the Vicke Young 2016 Annuity Trust for which the Reporting Person serves as trustee, and 483 shares of common stock held by the Morris Young Family Ltd. Partnership. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.