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AXCELIS TECHNOLOGIES INC Director's Dealing 2017

May 17, 2017

31374_dirs_2017-05-17_38835d70-e303-43cf-9520-dd197d6bedec.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: 2017-05-16

Reporting Person: KURTZWEIL JOHN T (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-16 Common Stock S 900 $21.65 Disposed 24487 Direct
2017-05-17 Common Stock A 3802 $0.00 Acquired 28289 Direct

Footnotes

F1: This sale of 900 shares was made to cover the tax liability incident to the vesting of 2,813 shares on May 15, 2017 under a restricted stock unit granted to the director on May 15, 2015.

F2: Of the shares held as of May 16, 2017, 5,625 were issuable on vesting of restricted stock units granted under the 2012 Equity Incentive Plan and are subject to forfeiture.

F3: These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan. Assuming continuation of service as a director, 100% of these restricted stock units will vest on November 17, 2017.

F4: Of the shares held on May 17, 2017, 9,427 were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.