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Brewer Kevin J's Form 4 filing

Axcelis Technologies Inc (ACLS) · filed May 16, 2023

Accession no.
0001209191-23-029943
Filed
May 16, 2023
Trade date
May 15-16, 2023
Filing delay
1 day
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions. Open-market sales total $851.1K. It was filed 1 day after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Brewer Kevin JCIK 0001314431Officer (EVP & Chief Financial Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 15, 2023Common StockAGrant or awardAcquired+3,005$0.00F1$039,282Direct
May 15, 2023Common StockFTax withholdingDisposed−1,928$127.99F4−$246,764.7237,354Direct
May 15, 2023Common StockFTax withholdingDisposed−1,844$127.99F4−$236,013.5635,510Direct
May 16, 2023Common StockSSaleDisposed−6,505$130.84F7−$851,114.229,005Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

In this grant under the Company's 2012 Equity Incentive Plan, the executive may earn shares of common stock, ranging from zero to 150% of the granted units. The shares are earned based on the achievement of 2023 performance goals. Assuming continuation of employment, 100% of the earned shares will vest on February 28, 2024. Unearned restricted stock units will forfeit on February 28, 2024.

Referenced by the price of 1 transaction in Table I.

F4

Represents the closing price of the common stock on the date of the tax withholding.

Referenced by the price of 2 transactions in Table I.

F7

The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $130.70 to $130.94, 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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)