AXT INC — Director's Dealing 2007

Feb 28, 2007

SEC Form 3/A — Form 3/A

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2007-02-26

Reporting Person: Low Raymond Anthony (VP Corporate Controller)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock options (right to buy)- 2/7/05	$1.38	2015-02-07	Common Stock (25000)		Direct
Stock options (right to buy) - 9/2/05	$1.33	2015-09-02	Common Stock (10000)		Direct
Stock options (right to buy) - 7/3/06	$3.37	2016-07-03	Common Stock (5000)		Direct
Stock options (right to buy) - 10/27/06	$4.81	2016-10-27	Common Stock (10000)		Direct

Footnotes

F1: Vesting of each option commenced on the date of grant, and continues over four years at the rate of 1/4 on the one-year anniversary of the date of grant, and 1/48th per month thereafter.