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: 01 Mar 2024, 16:30.
Lynnette C. Fallon - 28 Feb 2024 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)
- Reporting relationship
- EXECUTIVE VP, HR/LEGAL AND GEN
- Issuer ticker
- ACLS
- Reported as of
- 28 Feb 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 01 Mar 2024, 16:30:31 UTC
- Prior SEC filing
- 15 Dec 2023
- Next SEC filing
- 15 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ 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 01 Mar 2024.
Change
- Previous filing in this sequence was filed on 15 Dec 2023.
- 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
- Shares
- -1,123
- Change %
- -3.5%
- Price
- Shares after
- 30,831
- Date
- 28 Feb 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
ACLS
transaction
Common Stock
Tax liability
- Transaction value
- Shares
- -536
- Change %
- -1.7%
- Price
- Shares after
- 30,295
- Date
- 28 Feb 2024
- 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, 2024 of the remainder of performance based restricted stock units ("PRSUs") granted to the executive in May 2022. These shares were determined to be earned by the executive pursuant to a resolution of the Axcelis Technologies, Inc. Compensation Committee on February 16, 2023, and half of the earned shares vested on February 28, 2023. As agreed with the executive, the shares issued to the executive on the vesting were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested PRSUs.
Footnote F2
These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of PRSUs on February 28, 2024.
Footnote F3
Of the shares held as of February 28, 2024 after the vesting of the 2022 PRSUs and before the vesting of the 2023 PRSUs, 17,246 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.
Footnote F4
This forfeiture of shares for tax withholding purposes relates to the vesting on February 28, 2024 of PRSUs granted to the executive in May 2023. Of the units granted, 135% were determined to be earned by the executive pursuant to a resolution of the Axcelis Technologies, Inc. Compensation Committee on February 8, 2024, and half of the earned shares vested on February 28, 2024. As agreed with the executive, the shares issued to the executive on the vesting were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested PRSUs.
Footnote F5
Of the shares held as of February 28, 2024 after the vesting of both the 2022 PRSUs and 2023 PRSUs, 15,423 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.