AXCELIS TECHNOLOGIES INC — Director's Dealing 2025

Jan 7, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXCELIS TECHNOLOGIES INC (ACLS)
CIK: 0001113232
Period of Report: 2025-01-03

Reporting Person: FALLON LYNNETTE C (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-03	Common Stock	F	3083	$71.96	Disposed	27323	Direct

Footnotes

F1: This forfeiture of shares for tax withholding purposes relates to the vesting on January 3, 2025 of certain restricted stock units granted to the executive in accordance with the Company's Executive Equity Retirement Program. As agreed with the executive, the shares issued to the executive on the vested shares were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested shares.

F2: Represents the closing price of the Company's common stock on January 3, 2025,the date of the tax withholding,

F3: Of the shares held as of January 3, 2025, after the acceleration of vesting, 4,551 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.