SEC Form 4 · accession 0001209191-19-010565
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
Feb 15, 2019
Accepted (ET)
Feb 15, 2019 · 4:12 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 | Feb 15, 2019 | M | 5,859 | $12.04 | A | 50,755 | D | |
| Common StockF1 | Feb 15, 2019 | M | 7,813 | $7.20 | A | 58,568 | D | |
| Common StockF2,F1 | Feb 15, 2019 | S | 13,672 | $22.51 | D | 44,896 | 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 | Feb 15, 2019 | M | 5,859 | D | Jan 15, 2019 | Jul 15, 2022 | Common Stock | 5,859 | 3,906 | D |
| Stock option (right to buy) | $7.20 | Feb 15, 2019 | M | 7,813 | D | Jul 15, 2018 | Jul 15, 2021 | Common Stock | 7,813 | 0 | D |
Explanation of responses
- F1Of the shares held as of February 15, 2019, 31,286 were issuable on vesting of restricted stock units granted to the executive 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 $22.50 to $22.61, 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.
- F3These options are unvested and will vest as to 50% of the unvested shares on each of April 15,2019 and July 15,2019 if the executive remains in the service of the Company on such vesting date.