4//SEC Filing
Redinbo Greg 4
Accession 0001415889-24-013486
CIK 0001113232other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 4:15 PM ET
Size
12.5 KB
Accession
0001415889-24-013486
Insider Transaction Report
Form 4
Redinbo Greg
EVP MARKETING AND APPLICATIONS
Transactions
- Award
Common Stock
2024-05-15+2,849→ 23,058 total - Tax Payment
Common Stock
2024-05-16$113.57/sh−190$21,578→ 22,691 total - Award
Common Stock
2024-05-15+2,849→ 20,209 total - Tax Payment
Common Stock
2024-05-15$112.94/sh−177$19,990→ 22,881 total
Footnotes (9)
- [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, 15,923 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, 18,772 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, 18,171 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F8]This forfeiture of shares for tax withholding purposes relates to the vesting on May 16, 2024 of service vesting restricted stock units granted to the executive in May 2022. 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.
- [F9]f the shares held after this vesting event on May 16, 2024, 17,528 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
- May 16, 8:00 PM ET
- Accepted
- May 17, 4:15 PM ET
- Size
- 12.5 KB