4//SEC Filing
BREWER KEVIN J 4
Accession 0001209191-22-030103
CIK 0001113232other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 4:59 PM ET
Size
15.7 KB
Accession
0001209191-22-030103
Insider Transaction Report
Form 4
BREWER KEVIN J
EVP, Operations
Transactions
- Tax Payment
Common Stock
2022-05-15$56.38/sh−1,927$108,644→ 56,198 total - Tax Payment
Common Stock
2022-05-15$56.38/sh−1,844$103,965→ 54,354 total - Award
Common Stock
2022-05-16+6,303→ 65,217 total - Tax Payment
Common Stock
2022-05-16$56.38/sh−1,743$98,270→ 52,611 total - Award
Common Stock
2022-05-16+6,303→ 58,914 total - Tax Payment
Common Stock
2022-05-17$60.56/sh−970$58,743→ 64,247 total
Footnotes (10)
- [F1]These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units.
- [F10]Of the shares held after this tax withholding forfeiture (and related vesting) on May 17, 2022, 38,378 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F2]Represents the closing price of the common stock on the date of the tax withholding.
- [F3]Of the shares held after this first tax withholding forfeiture (and related vesting) on May 15, 2022, 36,045 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F4]Of the shares held after this second tax withholding forfeiture (and related vesting) on May 15, 2022, 31,888 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F5]Of the shares held after this tax withholding forfeiture (and related vesting) on May 16, 2022, 27,958 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F6]These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan. Assuming continuation of employment, 25% of these restricted stock units will vest on each of May 16, 2023, May 16, 2024, May 16, 2025 and May 16, 2026.
- [F7]Of the shares held after this first grant on May 16, 2022, 34,261 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F8]In this grant under the Company's 2012 Equity Incentive Plan, the executive may earn shares of common stock, ranging from zero to 150% of the granted units. The shares are earned based on the achievement of 2022 performance goals. Assuming continuation of employment,50% of the earned shares will vest on each of February 28, 2023 and February 28, 2024. Unearned restricted stock units will forfeit on February 28, 2023.
- [F9]Of the shares held after this second grant on May 16, 2022, 40,564 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
Documents
Issuer
AXCELIS TECHNOLOGIES INC
CIK 0001113232
Entity typeother
Related Parties
1- filerCIK 0001314431
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 4:59 PM ET
- Size
- 15.7 KB