4//SEC Filing
FALLON LYNNETTE C 4
Accession 0001415889-24-015556
CIK 0001113232other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 4:15 PM ET
Size
5.8 KB
Accession
0001415889-24-015556
Insider Transaction Report
Form 4
FALLON LYNNETTE C
Executive VP, HR/Legal
Transactions
- Tax Payment
Common Stock
2024-06-05$111.29/sh−272$30,271→ 30,406 total
Footnotes (3)
- [F1]This forfeiture of shares for tax withholding purposes relates to the vesting in May 2024 of 4 service vesting restricted stock units granted to the executive in May 2020, 2021, 2022 and 2023. As agreed with the executive, the shares issued to the executive on those vesting events were reduced by a number of shares to cover the executive's tax withholding obligation with respect to the vested restricted stock units. However, the number of shares withheld on the vesting dates was insufficient to cover a Massachusetts income tax surcharge applicable to the executive, so additional shares have been withheld to cover the shortfall, as reported herein.
- [F2]Represents the closing price of the common stock on the date prior to the tax withholding.
- [F3]Of the shares held after this forfeiture event on June 5, 2024, 11,845 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 0001195654
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 4:15 PM ET
- Size
- 5.8 KB