Key facts
- This page summarizes Lynnette C. Fallon's Form 4 filing for AXCELIS TECHNOLOGIES INC (ACLS).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 02 Mar 2022, 16:02.
Lynnette C. Fallon - 28 Feb 2022 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)
- Reporting relationship
- Executive VP, HR/Legal
- Issuer ticker
- ACLS
- Reported as of
- 28 Feb 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 02 Mar 2022, 16:02:50 UTC
- Prior SEC filing
- 08 Nov 2021
- Next SEC filing
- 17 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- Lynnette C. Fallon
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Lynnette C. Fallon filed Form 4 for AXCELIS TECHNOLOGIES INC (ACLS) on 02 Mar 2022.
Change
- Previous filing in this sequence was filed on 08 Nov 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ACLS
transaction
Common Stock
Tax liability
- Transaction value
- $0
- Shares
- -2,307
- Change %
- -4.1%
- Price
- $0.000000
- Shares after
- 53,772
- Date
- 28 Feb 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3
ACLS
transaction
Common Stock
Tax liability
- Transaction value
- $0
- Shares
- -2,547
- Change %
- -4.7%
- Price
- $0.000000
- Shares after
- 51,225
- Date
- 28 Feb 2022
- Ownership
- Direct
- Footnotes
- F2, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
This forfeiture of shares for tax withholding purposes relates to the vesting on February 28, 2022 of the remainder of performance based restricted stock units granted to the executive in May 2020. These shares were determined to be earned by the executive pursuant to a resolution of the Axcelis Technologies, Inc. Compensation Committee on February 8, 2021, and half of the earned shares vested on February 28, 2021. As agreed with the executive, the shares issued to the executive on the vested shares were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested shares.
Footnote F2
These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units on February 28, 2022.
Footnote F3
Of the shares beneficially owned by the executive on February 28, 2022 after the vesting of the 2020 performance based restricted stock units, 35,402 shares were issuable on vesting of restricted stock units which are subject to forfeiture. This number includes 5,893 shares issuable under the executive's 2021 performance based restricted stock units, which also vested on February 28, 2022.
Footnote F4
This forfeiture of shares for tax withholding purposes relates to the vesting on February 28, 2022 of the first half of shares earned under performance based restricted stock units granted to the executive in May 2021. These shares were determined to be earned by the executive pursuant to a resolution of the Axcelis Technologies, Inc. Compensation Committee on February 15, 2022. The second half of the shares earned under this restricted stock unit award will vest on February 28, 2023, assuming continuation of the executive's services. As agreed with the executive, the shares issued to the executive on the vested shares were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested shares.
Footnote F5
Of the shares beneficially owned by the executive on February 28, 2022 after the vesting of shares issued on both the 2020 performance based restricted stock units and the 2021 performance based restricted stock units, 29,509 shares were issuable on vesting of restricted stock units which are subject to forfeiture.