Douglas A. Lawson - 20 Jun 2024 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)

Role
EVP, CORPORATE MKTG & STRATEGY
Signature
/s/ Lynnette C. Fallon, Attorney-in-Fact
Issuer symbol
ACLS
Transactions as of
20 Jun 2024
Net transactions value
-$189,884
Form type
4
Filing time
24 Jun 2024, 17:15:04 UTC
Previous filing
20 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLS Common Stock Tax liability $189,884 -1,396 -8.1% $136.02 15,808 20 Jun 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Douglas A. Lawson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This forfeiture of shares for tax withholding purposes relates to the vesting on June 20, 2024 of certain restricted stock units granted to the executive in accordance with the Company's Executive Equity Retirement Program. As agreed with the executive, the shares issued to the executive on the vested shares were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested shares.
F2 Represents the closing price of the common stock on the date of the tax withholding.
F3 Of the shares held as of June 20, 2024, after the acceleration of vesting, 4,128 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.