SEC Form 4 · accession 0001654954-18-009766
ACM Research, Inc. · ACMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chenming Hu
Director
Period of report
Aug 30, 2018
Accepted (ET)
Aug 31, 2018 · 4:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001680062
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Aug 30, 2018 | M | 30,000 | $3.00 | A | 30,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $3.00 | Aug 30, 2018 | M | 30,000 | D | — | Dec 27, 2026 | Class A Common Stock | 30,000 | 53,334 | D |
Explanation of responses
- F1On August 30, 2018, the reporting person exercised previously issued stock options to purchase 30,000 shares of Class A Common Stock of the Issuer.
- F2The option vested and became exercisable as to 20,833 shares on May 1, 2017 and the remaining 62,501 shares vest and become exercisable in equal monthly installments over the following 36 months, subject to continued service through each vesting date.