ACM Research, Inc. — Director's Dealing 2019

Aug 27, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACM Research, Inc. (ACMR)
CIK: 0001680062
Period of Report: 2019-08-23

Reporting Person: Chen Fuping (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-23	Class A Common Stock	D	17946	$13.195	Disposed	0	Direct

Footnotes

F1: In connection with a public offering of Class A Common Stock by the Issuer, the reporting person and certain other stockholders entered into an Equity Purchase Agreement dated August 4, 2019 pursuant to which the reporting person and such stockholders agreed to sell, and the Issuer agreed to purchase, shares of the Issuer's Common Stock funded by the net proceeds, if any, from the Issuer's sale of Class A Common Stock pursuant to an exercise of the underwriters' over-allotment option. The transaction being reported relates to the reporting person's sale under the Equity Purchase Agreement. The obligations of the parties to the Equity Purchase Agreement became fixed and irrevocable as of the transaction date, which is the date of the closing of the underwriters' over-allotment option.

F2: The reporting person did not own any outstanding shares of Class A Common Stock as of the transaction date. In order to meet his obligations under the Equity Purchase Agreement, the reporting person expects to exercise, effective as of the date on which he is obligated to sell 17,946 shares of Class A Common Stock to the Issuer under the Equity Purchase Agreement, outstanding options to acquire such 17,946 shares. The reporting person expects to file a subsequent Form 4 in connection with such option exercise.