AXT INC — Director's Dealing 2011

Aug 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2011-08-01

Reporting Person: LEBLANC LEONARD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-01	Common Stock	M	6000.00	$1.38	Acquired	90799	Direct
2011-08-01	Common Stock	S	5000.00	$9.05	Disposed	85799	Direct
2011-08-01	Common Stock	S	1000.00	$9.16	Disposed	84799	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-01	Stock Options (right to buy)	$1.38	M	5000.00	Disposed	2013-07-21	Common Stock (5000.00)	Direct
2011-08-01	Stock Options (right to buy)	$1.38	M	1000.00	Disposed	2013-07-21	Common Stock (1000.00)	Direct