4//SEC Filing
Tatnall Christopher 4
Accession 0001415889-24-013377
CIK 0001113232other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 6:01 PM ET
Size
10.2 KB
Accession
0001415889-24-013377
Insider Transaction Report
Form 4
Tatnall Christopher
EVP Global Customer Operations
Transactions
- Award
Common Stock
2024-05-15+2,849→ 10,625 total - Award
Common Stock
2024-05-15+2,849→ 13,474 total - Tax Payment
Common Stock
2024-05-15$112.94/sh−103$11,633→ 13,371 total
Footnotes (7)
- [F1]These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan on May 15, 2024. Assuming continuation of employment, these restricted stock units will vest as to 25% of the shares granted on each of May 15, 2025, May 15, 2026, May 15, 2027, and May 15, 2028.
- [F2]Of the shares held following this grant on May 15, 2024, 9,124 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 are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan on May 15, 2024. In this grant, 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 2024 performance goals. Assuming continuation of employment, 50% of the earned shares will vest on February 28, 2025, and 50% of the earned shares will vest on February 28, 2026. Unearned restricted stock units will forfeit on February 28, 2025.
- [F4]Of the shares held after this grant on May 15, 2024, 11,973 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]This forfeiture of shares for tax withholding purposes relates to the vesting on May 15, 2024 of service vesting restricted stock units granted to the executive in May 2023. 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 restricted stock units.
- [F6]Represents the closing price of the common stock on the date of the tax withholding.
- [F7]Of the shares held after this vesting event on May 15, 2024, 11,623 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 0001990732
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 6:01 PM ET
- Size
- 10.2 KB