AXT INC — Director's Dealing 2008

Feb 29, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2008-02-29

Reporting Person: Zhang Davis (President , JV Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-29	Common Stock	S	500	$5.4	Disposed	88352	Direct
2008-02-29	Common Stock	S	8000	$5.35	Disposed	80352	Direct
2008-02-29	Common Stock	S	7500	$5.33	Disposed	72852	Direct

Footnotes

F1: Disposed shares held by Mr. Zhang's minor children.