AXT INC — Director's Dealing 2014

Jul 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2014-07-18

Reporting Person: Zhang Davis (President, JV Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-18	Common Stock	M	49985	$1.18	Acquired	180473	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-18	Stock Options (right to buy)	$1.18	M	49985	Acquired	2014-08-13	Common Stock (49985)	Direct

Footnotes

F1: 1/4th of the option vested on August 13, 2005 and 1/48 of the option vested monthly thereafter.