SEC Form 4 · accession 0001179110-17-013521
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 27, 2017
Accepted (ET)
Oct 30, 2017 · 2:35 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 27, 2017 | A | 15,870 | $0.00 | A | 74,765 | 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 | $9.50 | Oct 27, 2017 | A | 34,203 | A | Oct 27, 2018 | Oct 27, 2027 | Common Stock | 34,203 | 410,888 | 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.