AXT INC — Director's Dealing 2005

Sep 6, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2005-09-02

Reporting Person: Lin Minsheng (Chief Operating Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-09-02	Stock options (Right to buy)	$1.33	A	4000	Acquired	2015-09-02	Stock options (Right to buy) (4000)	Direct

Footnotes

F1: 1,000 shares to vest on 09/02/20063,000 shares to vest monthly by 09/02/2009