AXCELIS TECHNOLOGIES INC — Director's Dealing 2019

Feb 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXCELIS TECHNOLOGIES INC (ACLS)
CIK: 0001113232
Period of Report: 2019-02-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-15	Common Stock	M	5859	$12.04	Acquired	50755	Direct
2019-02-15	Common Stock	M	7813	$7.20	Acquired	58568	Direct
2019-02-15	Common Stock	S	13672	$22.51	Disposed	44896	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-15	Stock option (right to buy)	$12.04	M	5859	Disposed	2022-07-15	Common Stock (5859)	Direct
2019-02-15	Stock option (right to buy)	$7.20	M	7813	Disposed	2021-07-15	Common Stock (7813)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3125	Indirect

Footnotes

F1: Of the shares held as of February 15, 2019, 31,286 were issuable on vesting of restricted stock units granted to the executive 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 $22.50 to $22.61, 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: These options are unvested and will vest as to 50% of the unvested shares on each of April 15,2019 and July 15,2019 if the executive remains in the service of the Company on such vesting date.