BREWER KEVIN J 4
4 · AXCELIS TECHNOLOGIES INC · Filed Jan 2, 2024
Insider Transaction Report
Form 4
BREWER KEVIN J
EVP, Operations
Transactions
- Tax Payment
Common Stock
2023-12-06−5,426→ 19,597 total
Footnotes (3)
- [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.
- [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.
- [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.