David H. Wang - 14 May 2024 Form 4 Insider Report for ACM Research, Inc. (ACMR)

Role
Chief Executive Officer, President and Director, Director, 10%+ Owner
Signature
/s/ Mark McKechnie, Attorney-in-Fact for David H. Wang
Issuer symbol
ACMR
Transactions as of
14 May 2024
Net transactions value
-$8.2
Form type
4
Filing time
16 May 2024, 09:00:37 UTC
Previous filing
15 Mar 2024
Next filing
24 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACMR Class A Common Stock Options Exercise $90,000 +180,000 +36% $0.5000* 684,018 14 May 2024 Direct F1
transaction ACMR Class A Common Stock Tax liability $90,008 -3,910 -0.57% $23.02 680,108 14 May 2024 Direct F1
holding ACMR Class A Common Stock 100,002 14 May 2024 By Jing Chen, wife of David H. Wang
holding ACMR Class A Common Stock 45,837 14 May 2024 By Sophia Wang, daughter of David H. Wang
holding ACMR Class A Common Stock 180,000 14 May 2024 By David Hui Wang and Jing Chen Family Irrevocable Trust for Wang Children
holding ACMR Class A Common Stock 620,001 14 May 2024 By Wang-Chen Family Living Trust

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 -180,000 -27% $0.000000 480,000 14 May 2024 Class A Common Stock 180,000 $0.5000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 14, 2024, the reporting person exercised, by net exercise, a previously issued stock option to purchase 180,000 shares of Class A Common Stock of the Issuer. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer withholding 3,910 shares of Class A Common Stock for payment of the exercise price, based on the closing price of the Issuer's Class A Common Stock on May 13, 2024 of $23.02, and issuing to the reporting person the remaining 176,090 shares of Class A Common Stock.
F2 The option is fully vested and exercisable.

Remarks:

Chief Executive Officer, President and Director