SEC Form 4 · accession 0001179110-16-032283

AXT INC · AXTI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Nov 23, 2016

Accepted (ET)

Dec 1, 2016 · 6:02 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
Common Stock	Nov 23, 2016	G	12,000	$0.00	D	1,091,714	D
Common Stock	Nov 29, 2016	S	700	$5.10	D	1,091,014	D
Common Stock	Nov 30, 2016	S	10,710	$5.05	D	1,080,304	D
Common Stock^F1	Nov 30, 2016	M	40,000	$1.59	A	1,120,304	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F2	$1.59	Nov 30, 2016	M	40,000	D	Jul 16, 2010	Jul 16, 2019	Common Stock	40,000	1,121,792	D

F1This total includes 311,821 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. This total also corrects a clerical error in the Reporting Person's previous Form 4 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.
F2The Options are fully vested and exercisable.