SEC Form 4 · accession 0001209191-17-060934
AXCELIS TECHNOLOGIES INC · ACLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin J Brewer
Officer — EVP & Chief Financial Officer
Period of report
Nov 13, 2017
Accepted (ET)
Nov 15, 2017 · 5:08 pm 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 StockF1 | Nov 13, 2017 | M | 31,640 | $12.04 | A | 100,824 | D | |
| Common StockF2,F1 | Nov 13, 2017 | S | 31,640 | $33.78 | D | 69,184 | D | |
| Common StockF3,F1 | Nov 13, 2017 | S | 13,000 | $34.30 | D | 56,184 | 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)F4 | $12.04 | Nov 13, 2017 | M | 31,640 | D | Oct 15, 2017 | Jul 15, 2022 | Common Stock | 31,640 | 24,610 | D |
Explanation of responses
- F1Of the shares held as of September 12, 2017, 39,167 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 $33.75 to $33.93, 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 sold at each separate price.
- F3The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $34.30 to $34.35, 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 sold at each separate price.
- F456,250 options were granted on July 15, 2015 and were vested as to 56.25% of the options as of October 15, 2017. Of the remaining 24,610 options held by the executive after the sales reported on this form, 3,515/6 options will vest on the 15th of each of July, October, January, and April until fully vested on July 15, 2019, if the officer remains in the service of the Company on such vesting dates.