AXT INC — Director's Dealing 2011

Aug 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2011-08-02

Reporting Person: Ochrym Robert G (VP Business Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-02	Common Stock	M	9375	$2.04	Acquired	20375	Direct
2011-08-02	Common Stock	M	4500	$1.59	Acquired	24875	Direct
2011-08-02	Common Stock	M	1294	$6.31	Acquired	26169	Direct
2011-08-02	Common Stock	M	208	$4.81	Acquired	26377	Direct
2011-08-02	Common Stock	S	17577	$9.00	Disposed	8800.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-02	Stock Options (right to buy)	$2.04	M	9375	Disposed	2019-10-26	Common Stock (9375)	Direct
2011-08-02	Stock Options (right to buy)	$1.59	M	4500	Disposed	2018-10-31	Common Stock (4500)	Direct
2011-08-02	Stock Options (right to buy)	$6.31	M	1294	Disposed	2017-10-22	Common Stock (1294)	Direct
2011-08-02	Stock Options (right to buy)	$4.81	M	208	Disposed	2016-10-27	Common Stock (208)	Direct