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AXCELIS TECHNOLOGIES INC Director's Dealing 2013

Jun 19, 2013

31374_dirs_2013-06-19_1064da14-a724-4676-9d92-b235763ab8f3.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: 2013-06-18

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-06-18 Common Stock S 2765 $1.76 Disposed 81521 Direct
2013-06-18 Common Stock S 300 $1.77 Disposed 81221 Direct

Footnotes

F1: The sales reported on this Form are pursuant to a prior election by the executive officer to sell shares issued on the vesting of restricted stock units in order to generate funds to pay to the Company to cover the executive's tax liability arising from the vesting event and related commissions. The proceeds of this sale will be paid to the Company and the broker, accordingly.

F2: Of the shares held as of June 18, 2013, 18,898 were issuable on vesting of restricted stock units granted the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.