Gerald M. Blumenstock - May 15, 2024 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)

Signature
/s/ Lynnette C. Fallon, Attorney-in-Fact
Stock symbol
ACLS
Transactions as of
May 15, 2024
Transactions value $
$0
Form type
4
Date filed
5/15/2024, 04:15 PM
Previous filing
Jun 15, 2023
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLS Common Stock Award $0 +2.85K +68.13% $0.00 7.03K May 15, 2024 Direct F1, F2
transaction ACLS Common Stock Award $0 +2.85K +40.52% $0.00 9.88K May 15, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan on May 15, 2024. Assuming continuation of employment, these restricted stock units will vest as to 25% of the shares granted on each of May 15, 2025, May 15, 2026, May 15, 2027, and May 15, 2028.
F2 Of the shares held following this grant on May 15, 2024, 7,031 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
F3 These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan on May 15, 2024. In this grant, 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 2024 performance goals. Assuming continuation of employment, 50% of the earned shares will vest on February 28, 2025, and 50% of the earned shares will vest on February 28, 2026. Unearned restricted stock units will forfeit on February 28, 2025.
F4 Of the shares held after this grant on May 15, 2024, 9,880 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.