Morris S. Young - Jun 15, 2021 Form 4 Insider Report for AXT INC (AXTI)

Role
Chief Executive Officer, Director
Signature
/s/ Morris S Young, by power of attorney
Stock symbol
AXTI
Transactions as of
Jun 15, 2021
Transactions value $
$306,946
Form type
4
Date filed
6/17/2021, 11:58 AM
Previous filing
Jun 8, 2021
Next filing
Jul 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTI Common Stock Options Exercise $307K +141K +8.53% $2.18 1.79M Jun 15, 2021 Direct F1

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 AXTI Stock Option (Right to Buy) Options Exercise $0 -141K -15.1% $0.00 792K Jun 15, 2021 Common Stock 141K $2.18 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This total includes 1,410,753 shares of common stock held by the Reporting Person and the Young Family Trust for which the Reporting Person serves as trustee; In 2019, two additional GRATS were established with 227,787 shares each for which the Reporting Person serves as trustee; and 483 shares of common stock held by the Morris Young Family Ltd. Partnership. This total also corrects a clerical error in the Reporting Persons previous Form 4. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpos