Morris S. Young - Jul 6, 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
Jul 6, 2021
Transactions value $
-$419,600
Form type
4
Date filed
7/7/2021, 11:18 AM
Previous filing
Jun 17, 2021
Next filing
Aug 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTI Common Stock Sale -$420K -40K -2.23% $10.49 1.75M Jul 6, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This total includes 1,370,753 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