4//SEC Filing
FISCHER GARY L 4
Accession 0001415889-25-004945
CIK 0001051627other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 6:36 PM ET
Size
36.7 KB
Accession
0001415889-25-004945
Insider Transaction Report
Form 4
AXT INCAXTI
FISCHER GARY L
VP, CFO and Corp Sec
Transactions
- Award
Common Stock
2025-02-18+14,750→ 440,824 total - Award
Common Stock
2025-02-18+77,600→ 518,424 total
Footnotes (2)
- [F1]Represents common stock granted on February 18, 2025 (the "Grant Date") under the Issuer's 2015 Equity Incentive Plan, in a transaction exempt under Rule 16b-3, in lieu of the Reporting Person's cash bonus earned for the forth fiscal quarter of 2024 pursuant to the Issuer's Executive Incentive Plan. The common stock granted was calculated based on the cash bonus amount earned at a conversion price of $2.16, which is the 30-day trading average of the closing price of the Issuer's common stock from the Grant Date..
- [F2]Represents an award of at-risk, performance shares ("PSAs") under the Issuer's 2015 Equity Incentive Plan. The PSAs were originally approved to the Reporting Person on February 20, 2024 and are eligible to vest upon the achievement of certain target financial metrics for fiscal year 2024 ("FY2024"). The PSAs reported in this row represent the maximum number of PSAs issued to the Reporting Person in connection with exceeding the target financial metric for FY2024.
Issuer
AXT INC
CIK 0001051627
Entity typeother
Related Parties
1- filerCIK 0001257647
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 6:36 PM ET
- Size
- 36.7 KB