ALDEBORGH JOHN E 4
4 · AXCELIS TECHNOLOGIES INC · Filed May 19, 2020
Insider Transaction Report
Form 4
ALDEBORGH JOHN E
EVP, Customer Operations
Transactions
- Tax Payment
Common Stock
2020-05-15$23.52/sh−1,543$36,291→ 77,251 total - Award
Common Stock
2020-05-15+13,303→ 78,794 total - Tax Payment
Common Stock
2020-05-16$23.95/sh−2,272$54,414→ 74,979 total - Tax Payment
Common Stock
2020-05-17$23.95/sh−1,110$26,585→ 72,966 total - Tax Payment
Common Stock
2020-05-16$23.95/sh−903$21,627→ 74,076 total
Footnotes (8)
- [F1]These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan. Based on the achievement of performance goals and assuming continuation of employment, up to 50% of these restricted stock units will vest on each of February 28, 2021 and on the earlier of Mr. Aldeborgh's termination of employment or February 28, 2022. Unearned restricted stock units will forfeit on February 28, 2021.
- [F2]Of the shares held after this grant on May 15, 2020, 50,368 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F3]These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units.
- [F4]Represents the closing price of the common stock on the date of the tax withholding.
- [F5]Of the shares held after this tax withholding forfeiture (and related vesting) on May 15, 2020, 46,893 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F6]Of the shares held after this first tax withholding forfeiture (and related vesting) on May 16, 2020, 41,778 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F7]Of the shares held after this second tax withholding forfeiture (and related vesting) on May 16, 2020, 39,745 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F8]Of the shares held after this tax withholding forfeiture (and related vesting) on May 17, 2020, 37,245 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.