AXT INC — Director's Dealing 2015

May 29, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2015-05-27

Reporting Person: CHANG DAVID C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-27	Common Stock	A	11952	—	Acquired	134963	Direct

Footnotes

F1: Represents the grant of a restricted stock award, which vests in three equal annual installments on each anniversary of the date of grant, conditioned upon the Reporting Person's continued status as a service provider on each relevant vesting date.