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.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Tax liability
Additional SEC filing notes
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.