Gerald M. Blumenstock - Jun 17, 2024 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)

Role
EVP, Engineering
Signature
/s/ Lynnette C. Fallon, Attorney-in-Fact
Stock symbol
ACLS
Transactions as of
Jun 17, 2024
Transactions value $
-$42,510
Form type
4
Date filed
6/18/2024, 04:15 PM
Previous filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLS Common Stock Tax liability -$42.5K -308 -3.12% $138.02 9.57K Jun 17, 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 June 17, 2024 of service vesting restricted stock units granted to the executive in June 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 restricted stock units.
F2 Represents the closing price of the common stock on the date of the tax withholding.
F3 Of the shares held after this forfeiture event on June 17, 2024, 8,835 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.