Lynnette C. Fallon - 05 Jun 2024 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Jun 2024, 16:15:12 UTC
Prior SEC filing
20 May 2024
Next SEC filing
07 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lynnette C. Fallon

Key filing fact

Lynnette C. Fallon filed Form 4 for AXCELIS TECHNOLOGIES INC (ACLS) on 05 Jun 2024.

Key facts

  • This page summarizes Lynnette C. Fallon's Form 4 filing for AXCELIS TECHNOLOGIES INC (ACLS).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 05 Jun 2024, 16:15.

Change

  • Previous filing in this sequence was filed on 20 May 2024.
  • Current net transaction value: -$30,271.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACLS transaction

Common Stock

Tax liability

Transaction value
$30,271
Shares
-272
Change %
-0.89%
Price
$111.29
Shares after
30,406
Date
05 Jun 2024
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This forfeiture of shares for tax withholding purposes relates to the vesting in May 2024 of 4 service vesting restricted stock units granted to the executive in May 2020, 2021, 2022 and 2023. As agreed with the executive, the shares issued to the executive on those vesting events were reduced by a number of shares to cover the executive's tax withholding obligation with respect to the vested restricted stock units. However, the number of shares withheld on the vesting dates was insufficient to cover a Massachusetts income tax surcharge applicable to the executive, so additional shares have been withheld to cover the shortfall, as reported herein.

Footnote F2

Represents the closing price of the common stock on the date prior to the tax withholding.

Footnote F3

Of the shares held after this forfeiture event on June 5, 2024, 11,845 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.

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