AXT INC — Director's Dealing 2014

May 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2014-05-13

Reporting Person: CHANG DAVID C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-13	Common Stock	A	13761	—	Acquired	123011	Direct

Footnotes

F1: Represents grant of restricted stocks award which vest in three equal annual installments on each anniversary of the date of grant.