Kevin J. Brewer - 06 Dec 2023 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
02 Jan 2024, 17:53:43 UTC
Prior SEC filing
25 May 2023
Next SEC filing
21 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Lynnette C. Fallon, as attorney in fact for Kevin J. Brewer

Key filing fact

Kevin J. Brewer filed Form 4 for AXCELIS TECHNOLOGIES INC (ACLS) on 02 Jan 2024.

Key facts

  • This page summarizes Kevin J. Brewer's Form 4 filing for AXCELIS TECHNOLOGIES INC (ACLS).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Jan 2024, 17:53.

Change

  • Previous filing in this sequence was filed on 25 May 2023.
  • Current net transaction value: $0.

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
$0
Shares
-5,426
Change %
-22%
Price
$0.000000
Shares after
19,597
Date
06 Dec 2023
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 on December 6, 2023 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.

Footnote F2

These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units on December 6, 2023.

Footnote F3

Of the shares beneficially owned by the executive on December 6, 2023 after the vesting of certain restricted stock units under the Company's Executive Equity Retirement Program, 8,281 shares were issuable on vesting of restricted stock units which are subject to forfeiture.

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