David H. Wang - 14 Nov 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 Nov 2024
Net transactions value
-$0.58
Form type
4
Filing time
18 Nov 2024, 16:30:17 UTC
Previous filing
31 May 2024
Next filing
26 Nov 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 $135,000 +270,000 +54% $0.5000 774,018 14 Nov 2024 Direct F1
transaction ACMR Class A Common Stock Tax liability $135,001 -7,262 -0.94% $18.59 766,756 14 Nov 2024 Direct F1
holding ACMR Class A Common Stock 100,002 14 Nov 2024 By Jing Chen, wife of David H. Wang
holding ACMR Class A Common Stock 45,837 14 Nov 2024 By Sophia Wang, daughter of David H. Wang
holding ACMR Class A Common Stock 180,000 14 Nov 2024 By David Hui Wang and Jing Chen Family Irrevocable Trust for Wang Children
holding ACMR Class A Common Stock 620,001 14 Nov 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 +270,000 $0.000000 210,000 14 Nov 2024 Class A Common Stock 270,000 $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 November 14, 2024, the reporting person exercised, by net exercise, a previously issued stock option to purchase 270,000 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 7,262 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 November 13, 2024 of $18.59, and issuing to the reporting person the remaining 262,738 shares of Class A Common Stock.
F2 The option is fully vested and exercisable.

Remarks:

Chief Executive Officer, President and Director