SEC Form 4 · accession 0001209191-16-150383
AXCELIS TECHNOLOGIES INC · ACLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell Low
Officer — EVP, Engineering
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 9:47 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001113232
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Nov 15, 2016 | A | 10,949 | $0.00 | A | 10,949 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $14.00 | Nov 15, 2016 | A | 21,898 | A | Nov 15, 2020 | Nov 15, 2023 | Common Stock | 21,898 | 21,898 | D |
Explanation of responses
- F1Granted pursuant to the Axcelis Technologies, Inc. 2012 Equity Incentive Plan.
- F2These share are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan. Assuming continuation of service as a director, 25% of these restricted stock units will vest on each of November 15, 2017, November 15, 2018, November 15, 2019 and November 15, 2020.
- F3These options will vest as to 25% of the shares on each of November 15, 2017, November 15, 2018, November 15, 2019 and November 15, 2020, if the officer remains in the service of the Company on such vesting date.