William J. Bintz - May 15, 2022 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)

Signature
Lynnette C. Fallon, as attorney in fact for William J. Bintz
Stock symbol
ACLS
Transactions as of
May 15, 2022
Transactions value $
-$263,089
Form type
4
Date filed
5/18/2022, 05:02 PM
Previous filing
Mar 2, 2022
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLS Common Stock Tax liability -$82.4K -1.46K -2.45% $56.38 58.2K May 15, 2022 Direct F1, F2, F3
transaction ACLS Common Stock Tax liability -$78.9K -1.4K -2.4% $56.38 56.8K May 15, 2022 Direct F1, F2, F4
transaction ACLS Common Stock Tax liability -$50.9K -902 -1.59% $56.38 55.9K May 16, 2022 Direct F1, F2, F5
transaction ACLS Common Stock Award $0 +5.01K +8.96% $0.00 60.9K May 16, 2022 Direct F6, F7
transaction ACLS Common Stock Tax liability -$50.9K -841 -1.38% $60.56 60.1K May 17, 2022 Direct F1, F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units.
F2 Represents the closing price of the common stock on the date of the tax withholding.
F3 Of the shares held after this first tax withholding forfeiture (and related vesting) on May 15, 2022, 28,050 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
F4 Of the shares held after this second tax withholding forfeiture (and related vesting) on May 15, 2022, 24,896 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
F5 Of the shares held after this tax withholding forfeiture (and related vesting) on May 16, 2022, 22,863 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
F6 In this grant under the Company's 2012 Equity Incentive Plan, the executive may earn shares of common stock, ranging from zero to 150% of the granted units. The shares are earned based on the achievement of 2022 performance goals. Assuming continuation of employment,100% of the earned shares will vest on February 28, 2023. Unearned restricted stock units will forfeit on February 28, 2023.
F7 Of the shares held after this grant on May 16, 2022, 27,871 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
F8 Of the shares held after this tax withholding forfeiture (and related vesting) on May 17, 2022, 25,976 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.