SEC Form 4 · accession 0001209191-17-031687
AXCELIS TECHNOLOGIES INC · ACLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Bintz
Officer — EVP, Product Development
Period of report
May 9, 2017
Accepted (ET)
May 11, 2017 · 8:38 pm EDT
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 StockF1 | May 9, 2017 | M | 35,250 | $6.40 | A | 78,417 | D | |
| Common Stock | May 9, 2017 | M | 25,992 | $6.40 | A | 104,409 | D | |
| Common Stock | May 9, 2017 | M | 2,331 | $7.20 | A | 106,740 | D | |
| Common StockF2,F1 | May 9, 2017 | S | 63,573 | $21.07 | D | 43,167 | D | |
| Common Stock | May 10, 2017 | M | 22,669 | $7.20 | A | 65,836 | D | |
| Common StockF1 | May 10, 2017 | S | 22,669 | $21.00 | D | 43,167 | 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) | $6.40 | May 9, 2017 | M | 35,250 | D | Jul 15, 2014 | Jul 15, 2020 | Common Stock | 35,250 | 0 | D |
| Stock option (right to buy) | $6.40 | May 9, 2017 | M | 25,992 | D | Jul 15, 2015 | Jul 15, 2021 | Common Stock | 25,992 | 0 | D |
| Stock option (right to buy)F3 | $7.20 | May 9, 2017 | M | 2,331 | D | Jul 15, 2016 | Jul 15, 2021 | Common Stock | 2,331 | 47,669 | D |
| Stock option (right to buy)F4 | $7.20 | May 10, 2017 | M | 22,669 | D | Jul 15, 2016 | Jul 15, 2021 | Common Stock | 22,669 | 25,000 | D |
Explanation of responses
- F1Of the shares held as of May 9 and May 10, 2017, 20,455 were issuable on vesting of restricted stock units granted under the 2012 Equity Incentive Plan and are subject to forefeiture.
- F2The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.65, inclusive. The reporting person undertakes to provide to Axcelis Technologies, Inc., any security holder of Axcelis Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
- F350,000 options were granted on July 15, 2014 and were vested as to 50% of the options as of May 9, 2017. Of the remaining 47,669 options held by the executive after the sales on that date,22,669 were vested, and 12,500 will vest on each of July 15, 2017 and July 15, 2018, if the officer remains in the service of the Company on such vesting dates.
- F450,000 options were granted on July 15, 2014 and were vested as to 50% of the options as of May 10, 2017. Of the remaining 25,000 options held by the executive after the sales on that date, 12,500 will vest on each of July 15, 2017 and July 15, 2018, if the officer remains in the service of the Company on such vesting dates.