AXCELIS TECHNOLOGIES INC — Director's Dealing 2018

Mar 14, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXCELIS TECHNOLOGIES INC (ACLS)
CIK: 0001113232
Period of Report: 2018-03-14

Reporting Person: Lawson Douglas A. (EVP, Corporate Mktg & Strategy)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-14	Common Stock	M	1953	$12.04	Acquired	39802	Direct
2018-03-14	Common Stock	S	3478	$26.52	Disposed	36324	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-14	Stock Option (right to buy)	$12.04	M	1953	Disposed	2022-07-15	Common Stock (1953)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3125	Indirect

Footnotes

F1: Of the shares held as of March 14, 2018, 23,069 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 $26.47 to $26.55, 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 sold at each separate price.

F3: 31,250 options were granted on July 15, 2015 and were vested as to 62.5% of the options as of January 15, 2018. Of the remaining 11,719 options held by the executive after the sales reported on this form, 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.