William J. Bintz - Nov 18, 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
Nov 18, 2022
Transactions value $
-$583,692
Form type
4
Date filed
11/21/2022, 03:17 PM
Previous filing
Aug 12, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLS Common Stock Tax liability -$584K -7.62K -16.29% $76.59 39.2K Nov 18, 2022 Direct F1, F2, F3, F4
* 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 for income tax liabilities associated with the vesting of shares under the Company's Executive Equity Retirement Program, in light of the executive's planned retirement.
F2 These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units.
F3 Represents the closing price of the common stock on the date of the tax withholding.
F4 Of the shares held after the tax withholding forfeiture (and related vesting) on November 18, 2022, 8,795 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.