Tracy Liu - Feb 28, 2024 Form 4 Insider Report for ACM Research, Inc. (ACMR)

Role
Director
Signature
/s/ Mark McKechnie, Attorney-in-Fact for Tracy Liu
Stock symbol
ACMR
Transactions as of
Feb 28, 2024
Transactions value $
-$245,000
Form type
4
Date filed
3/1/2024, 09:30 PM
Previous filing
Dec 28, 2023
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACMR Class A Common Stock Options Exercise $70K +12.5K +11.28% $5.60 123K Feb 28, 2024 Direct F1
transaction ACMR Class A Common Stock Sale -$315K -12.5K -10.14% $25.20 111K Feb 28, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACMR Stock Option Options Exercise $0 -12.5K -39.06% $0.00 19.5K Feb 28, 2024 Class A Common Stock 12.5K $5.60 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 On February 28, 2024, the reporting person exercised a previously issued stock option to purchase 12,500 shares of Class A Common Stock of the Issuer.
F2 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2023.
F3 The option is fully vested and exercisable.