4//SEC Filing
Redinbo Greg 4
Accession 0001415889-24-006106
CIK 0001113232other
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 4:30 PM ET
Size
5.9 KB
Accession
0001415889-24-006106
Insider Transaction Report
Form 4
Redinbo Greg
EVP MARKETING AND APPLICATIONS
Transactions
- Tax Payment
Common Stock
2024-02-28−477→ 17,360 total
Footnotes (3)
- [F1]This forfeiture of shares for tax withholding purposes relates to the vesting on February 28, 2024 of performance based restricted stock units ("PRSUs") granted to the executive in May 2023. Of the units granted, 135% were determined to be earned by the executive pursuant to a resolution of the Axcelis Technologies, Inc. Compensation Committee on February 8, 2024, and half of the earned shares vested on February 28, 2024. As agreed with the executive, the shares issued to the executive on the vesting were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested PRSUs.
- [F2]These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of PRSUs on February 28, 2024.
- [F3]Of the shares held as of February 28, 2024 after the vesting of the 2023 PRSUs, 13,074 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.
Documents
Issuer
AXCELIS TECHNOLOGIES INC
CIK 0001113232
Entity typeother
Related Parties
1- filerCIK 0001940017
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 4:30 PM ET
- Size
- 5.9 KB