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AXCELIS TECHNOLOGIES INC — Director's Dealing 2017
Aug 15, 2017
31374_dirs_2017-08-15_7ef63b98-1ee4-4ad6-a842-e8868923be6d.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: 2017-08-15
Reporting Person: Lawson Douglas A. (EVP, Corporate Mktg & Strategy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-15 | Common Stock | M | 1954 | $12.04 | Acquired | 41198 | Direct |
| 2017-08-15 | Common Stock | S | 1954 | $21.11 | Disposed | 39244 | Direct |
| 2017-08-15 | Common Stock | M | 4688 | $7.96 | Acquired | 43932 | Direct |
| 2017-08-15 | Common Stock | S | 4688 | $21.10 | Disposed | 39244 | Direct |
| 2017-08-15 | Common Stock | M | 7812 | $7.20 | Acquired | 47056 | Direct |
| 2017-08-15 | Common Stock | S | 7812 | $21.14 | Disposed | 39244 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-15 | Stock Option (right to buy) | $12.04 | M | 1954 | Disposed | 2022-07-15 | Common Stock (1954) | Direct |
| 2017-08-15 | Stock Option (right to buy) | $7.96 | M | 4688 | Disposed | 2020-07-15 | Common Stock (4688) | Direct |
| 2017-08-15 | Stock option (right to buy) | $7.20 | M | 7812 | Disposed | 2021-07-15 | Common Stock (7812) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3125 | Indirect |
Footnotes
F1: Of the shares held as of August 15, 2017, 25,986 were issuable on vesting of restricted stock units granted under the 2012 Equity Incentive Plan and are subject to forfeiture.
F2: The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $21.05 to $21.15, inclusive. The reporting person undertakes to provide to Axcelis Technologies, Inc., any security holder of Axcelis Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
F3: 31,250 options were granted on July 15, 2015 and were vested as to 50% of the options as of August 15, 2017. Of the remaining 15,625 options held by the executive after the sales on that date, 1953/4 options will vest on the 15th of each of October, January, April and July until fully vested on July 15, 2019, if the officer remains in the service of the Company on such vesting dates.
F4: 31,250 options were granted on July 15, 2014 and were vested as to 75% of the options as of August 15, 2017. The remaining 7,814 options held by the executive after the sales on that date will vest on July 15, 2018, if the officer remains in the service of the Company on such vesting date.