AXCELIS TECHNOLOGIES INC — Director's Dealing 2013

Jul 16, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXCELIS TECHNOLOGIES INC (ACLS)
CIK: 0001113232
Period of Report: 2013-07-15

Reporting Person: Bintz William J (EVP, Prod. Dev., Eng. & Mktg)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-15	Stock option (right to buy)	$1.99	A	300000	Acquired	2020-07-15	Common Stock (300000)	Direct

Footnotes

F1: Granted pursuant to the Axcelis Technologies, Inc. 2012 Equity Incentive Plan.

F2: These options will vest as to 25% of the shares on each of July 15, 2014, July 15, 2015, July 15, 2016 and July 15, 2017, if the officer remains in the service of the Company on such vesting date, provided that such exercisability shall accelerate (A) so that 50% of such shares are exercisable beginning on the date that the Common Stock has had a closing price of $2.50 or more for 20 consecutive trading days and (B) so that 100% of such shares are exercisable beginning on the date that the Common Stock has had a closing price of $3.00 or more for 20 consecutive trading days.