SEC Form 4 · accession 0001209191-17-048964
AXCELIS TECHNOLOGIES INC · ACLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas A. Lawson
Officer — EVP, Corporate Mktg & Strategy
Period of report
Aug 15, 2017
Accepted (ET)
Aug 15, 2017 · 4:22 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 | Aug 15, 2017 | M | 1,954 | $12.04 | A | 41,198 | D | |
| Common Stock | Aug 15, 2017 | S | 1,954 | $21.11 | D | 39,244 | D | |
| Common Stock | Aug 15, 2017 | M | 4,688 | $7.96 | A | 43,932 | D | |
| Common Stock | Aug 15, 2017 | S | 4,688 | $21.10 | D | 39,244 | D | |
| Common Stock | Aug 15, 2017 | M | 7,812 | $7.20 | A | 47,056 | D | |
| Common StockF2,F1 | Aug 15, 2017 | S | 7,812 | $21.14 | D | 39,244 | D | |
| Common Stock | holding | — | — | — | 3,125 | I | Held by Spouse |
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 | $12.04 | Aug 15, 2017 | M | 1,954 | D | Jul 15, 2017 | Jul 15, 2022 | Common Stock | 1,954 | 15,625 | D |
| Stock Option (right to buy) | $7.96 | Aug 15, 2017 | M | 4,688 | D | Jul 15, 2017 | Jul 15, 2020 | Common Stock | 4,688 | 0 | D |
| Stock option (right to buy)F4 | $7.20 | Aug 15, 2017 | M | 7,812 | D | Jul 15, 2017 | Jul 15, 2021 | Common Stock | 7,812 | 7,813 | D |
Explanation of responses
- F1Of the shares held as of August 15, 2017, 25,986 were issuable on vesting of restricted stock units granted under the 2012 Equity Incentive Plan and are subject to forfeiture.
- F2The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $21.05 to $21.15, 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.
- F331,250 options were granted on July 15, 2015 and were vested as to 50% of the options as of August 15, 2017. Of the remaining 15,625 options held by the executive after the sales on that date, 1953/4 options will vest on the 15th of each of October, January, April and July until fully vested on July 15, 2019, if the officer remains in the service of the Company on such vesting dates.
- F431,250 options were granted on July 15, 2014 and were vested as to 75% of the options as of August 15, 2017. The remaining 7,814 options held by the executive after the sales on that date will vest on July 15, 2018, if the officer remains in the service of the Company on such vesting date.