Shanghai Science & Technology Venture Capital (Group) Co., Ltd. - 04 Oct 2024 Form 4 Insider Report for ACM Research, Inc. (ACMR)

Reporting relationship: Possible member of 10% group, 10%+ Owner
Issuer ticker: ACMR
Reported as of: 04 Oct 2024
Net transaction value: -$23,519,660
SEC form: 4
Accepted by SEC: 08 Oct 2024, 21:37:49 UTC
Prior SEC filing: 03 Oct 2024
Source filing: View source filing
Reporting owner signature: /s/ Wangyu Ge, authorized representative

Key filing fact

Shanghai Science & Technology Venture Capital (Group) Co., Ltd. filed Form 4 for ACM Research, Inc. (ACMR) on 08 Oct 2024.

Key facts

This page summarizes Shanghai Science & Technology Venture Capital (Group) Co., Ltd.'s Form 4 filing for ACM Research, Inc. (ACMR).
6 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 08 Oct 2024, 21:37.

Change

Previous filing in this sequence was filed on 03 Oct 2024.
Current net transaction value: -$23,519,660.

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.

ACMR transaction

Class A Common Stock, $0.0001 par value

Sale

Transaction value: $12,282,217
Shares: -570,735
Change %: -17%
Price: $21.52
Shares after: 2,833,171
Date: 04 Oct 2024
Ownership: Direct
Footnotes: F1, F2

ACMR transaction

Class A Common Stock, $0.0001 par value

Sale

Transaction value: $2,706,809
Shares: -129,265
Change %: -4.6%
Price: $20.94
Shares after: 2,703,906
Date: 04 Oct 2024
Ownership: Direct
Footnotes: F3

ACMR transaction

Class A Common Stock, $0.0001 par value

Sale

Transaction value: $2,549,035
Shares: -100,514
Change %: -3.7%
Price: $25.36
Shares after: 2,603,392
Date: 07 Oct 2024
Ownership: Direct
Footnotes: F4

ACMR transaction

Class A Common Stock, $0.0001 par value

Sale

Transaction value: $37,055
Shares: -1,481
Change %: -0.06%
Price: $25.02
Shares after: 2,601,911
Date: 07 Oct 2024
Ownership: Direct
Footnotes: F5

ACMR transaction

Class A Common Stock, $0.0001 par value

Sale

Transaction value: $4,034,477
Shares: -173,005
Change %: -6.6%
Price: $23.32
Shares after: 2,428,906
Date: 07 Oct 2024
Ownership: Direct
Footnotes: F6

ACMR transaction

Class A Common Stock, $0.0001 par value

Sale

Transaction value: $1,910,067
Shares: -90,396
Change %: -3.7%
Price: $21.13
Shares after: 2,338,510
Date: 08 Oct 2024
Ownership: Direct
Footnotes: F7

ACMR holding

Class A Common Stock, $0.0001 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,358,728
Date: 04 Oct 2024
Ownership: Through Shanghai Pudong Science & Technology Investment Group Co., Ltd.
Footnotes: F8, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Shanghai Science & Technology Venture Capital (Group) Co., Ltd. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 9 footnotes

Footnote F1

The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2 through 7 of this Form 4.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $21.11 to $22.10, inclusive.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.71 to $21.10, inclusive.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.03 to $26.02, inclusive.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.01 to $25.02, inclusive.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.05 to $23.91, inclusive.

Footnote F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.53 to $21.51, inclusive.

Footnote F8

This Form 4 is being filed by the undersigned as well as Shanghai Pudong Science & Technology Investment Group Co., Ltd., as set forth on the Joint Filer Information Statement attached as an exhibit hereto (the "Reporting Persons"). Shanghai Science & Technology Venture Capital (Group) Co., Ltd. holds a 46% equity interest in Shanghai Pudong Science & Technology Investment Group Co., Ltd.

Footnote F9

In accordance with Instruction 4(b)(iv) to Form 4, the entire amount of the Issuer's securities held by the Reporting Persons is reported herein. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of its indirect pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

SEC remarks

The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted by Shanghai Science & Technology Venture Capital (Group) Co., Ltd. on June 12, 2024.