Key facts
- This page summarizes Lynnette C. Fallon's Form 4 filing for AXCELIS TECHNOLOGIES INC (ACLS).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 07 Jan 2025, 07:52.
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
Section 16 status
Lynnette C. Fallon is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote 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.
Footnote F2
Represents the closing price of the Company's common stock on January 3, 2025,the date of the tax withholding,
Footnote 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.