AXT INC — Director's Dealing 2010

Aug 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2010-08-03

Reporting Person: YOUNG MORRIS S (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-03	Common stock	A	35000	$5.83	Acquired	79320	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-03	common stock	$5.83	A	110000	Acquired	2010-08-03	common stock (110000)	Direct

Footnotes

F1: 1/4 vesting on first anniversary, 1/48 monthly thereafter