Form 4 for ACLS AXCELIS TECHNOLOGIES INC
Accepted 2023-05-16 00:00:00 ET · period of report 2023-05-15 · accession 0001209191-23-029945 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-05-16 | 2023-05-15 | ACLS | Lawson Douglas A. | EVP, Corp. Mktg, Strategy | F - Tax | $127.99 | -2,472 | 25.9K | -9% | -$316.4K |
| M | 2023-05-16 | 2023-05-15 | ACLS | Lawson Douglas A. | EVP, Corp. Mktg, Strategy | A - Grant | $0.00 | +2,880 | 26.0K | +12% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-15 | F | D | 1,263 | $127.99 | 27,059 | D | — | — | (F6) Represents the closing price of the common stock on the date of the tax withholding. (F5) These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units. (F7) Of the shares held after this first tax withholding forfeiture (and related vesting) on May 15, 2023, 21,446 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture. |
| 2 | Common | Common Stock | 2023-05-15 | A | A | 2,304 | $0.00 | 28,322 | D | — | — | (F3) 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,50% of the earned shares will vest on February 28, 2024 and 50% of the earned shares will vest on February 28, 2025. Unearned restricted stock units will forfeit on February 28, 2024. (F4) Of the shares held after this second grant on May 15, 2023, 24,293 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture. |
| 3 | Common | Common Stock | 2023-05-15 | F | D | 1,209 | $127.99 | 25,850 | D | — | — | (F6) Represents the closing price of the common stock on the date of the tax withholding. (F5) These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units. (F8) Of the shares held after this second tax withholding forfeiture (and related vesting) on May 15, 2023, 18,722 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture. |
| 4 | Common | Common Stock | 2023-05-15 | A | A | 576 | $0.00 | 26,018 | D | — | — | (F1) These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan. Assuming continuation of employment, 100% of these restricted stock units will vest on May 15, 2024. (F2) Of the shares held after this first grant on May 15, 2023, 21,989 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture. |