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AXCELIS TECHNOLOGIES INC — Director's Dealing 2010
Jul 6, 2010
31374_dirs_2010-07-06_fe3f89f5-b69a-4a54-a722-aba2a44d877c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AXCELIS TECHNOLOGIES INC (ACLS)
CIK: 0001113232
Period of Report: 2010-07-01
Reporting Person: FLYNN MATTHEW P (EVP, Customer Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-07-01 | Common Stock | F | 5367 | $1.59 | Disposed | 154316 | Direct |
| 2010-07-03 | Common Stock | F | 7275 | $1.42 | Disposed | 147041 | Direct |
Footnotes
F1: Shares withheld by the Company equal to tax liability of the executive officer incident to the vesting of restricted stock units issued in accordance with Rule 16b-3.
F2: Represents the closing price of the common stock at July 1, 2010.
F3: Shares withheld by the Company equal to tax liability of the executive officer incident to the vesting of restricted stock units issued in accordance with Rule 16b-3.
F4: Represents the closing price of the common stock at July 6, 2010 (the first trading day after the vesting date).
F5: Of the shares held as of July 3, 2010, 55,982 were issuable on vesting of restricted stock units granted the executive under the 2000 Stock Plan and are subject to forfeiture. A portion of these shares will be withheld by the Company on vesting to satisfy tax withholding requirements.