Christopher Tatnall - Apr 18, 2024 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)

Role
EVP Global Customer Operations
Signature
/s/ Lynnette C. Fallon, Attorney-in-Fact
Stock symbol
ACLS
Transactions as of
Apr 18, 2024
Transactions value $
$0
Form type
4
Date filed
4/19/2024, 05:00 PM
Previous filing
Sep 15, 2023
Next filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLS Common Stock Tax liability $0 -551 -6.62% $0.00 7.78K Apr 18, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This forfeiture of shares for tax withholding purposes relates to the vesting on April 18, 2024 of the restricted stock units ("RSUs") granted to the executive in April 2022. 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 RSUs.
F2 These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of RSUs on April 18, 2024.
F3 Of the shares held as of April 18, 2024, 6,275 shares were issuable on vesting of RSUs granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.