Greg Redinbo - 16 Sep 2024 Form 4/A - Amendment Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)

Role
EVP MARKETING AND APPLICATIONS
Signature
/s/ Lynnette C. Fallon, Attorney-in-Fact
Issuer symbol
ACLS
Transactions as of
16 Sep 2024
Net transactions value
-$23,331
Form type
4/A - Amendment
Filing time
19 Nov 2024, 17:30:05 UTC
Date Of Original Report
17 Sep 2024
Previous filing
18 Jun 2024
Next filing
04 Mar 2025
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 $23,331 -236 -1.1% $98.86 21,678 16 Sep 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 September 16, 2024 of service vesting restricted stock units granted to the executive in September 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 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 September 16, 2024, 14,321 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.

Remarks:

This Form 4A is being filed to correct the number of shares and unvested Restricted Stock Units held by Dr. Redinbo after the vest event on September 16, 2024, which due to a mathematical error were incorrect in the original filing for this vest event.