SEC Form 4 · accession 0001209191-17-033154
AXCELIS TECHNOLOGIES INC · ACLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Kurtzweil
Director
Period of report
May 16, 2017
Accepted (ET)
May 17, 2017 · 4:46 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 StockF2 | May 16, 2017 | S | 900 | $21.65 | D | 24,487 | D | |
| Common StockF3,F4 | May 17, 2017 | A | 3,802 | $0.00 | A | 28,289 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale of 900 shares was made to cover the tax liability incident to the vesting of 2,813 shares on May 15, 2017 under a restricted stock unit granted to the director on May 15, 2015.
- F2Of the shares held as of May 16, 2017, 5,625 were issuable on vesting of restricted stock units granted under the 2012 Equity Incentive Plan and are subject to forfeiture.
- F3These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan. Assuming continuation of service as a director, 100% of these restricted stock units will vest on November 17, 2017.
- F4Of the shares held on May 17, 2017, 9,427 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.