LYNNETTE C. FALLON - 03 Jan 2025 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)

Role
EXECUTIVE VP, HR/LEGAL
Signature
/s/ Lynnette C. Fallon
Issuer symbol
ACLS
Transactions as of
03 Jan 2025
Transactions value $
-$221,853
Form type
4
Filing time
07 Jan 2025, 07:52:04 UTC
Previous filing
05 Jun 2024
Next filing
19 May 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 -$222K -3.08K -10.14% $71.96 27.3K 03 Jan 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

LYNNETTE C. FALLON 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 January 3, 2025 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 Company's common stock on January 3, 2025,the date of the tax withholding,
F3 Of the shares held as of January 3, 2025, after the acceleration of vesting, 4,551 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.