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AXT INC — Director's Dealing 2016
Nov 1, 2016
33597_dirs_2016-11-01_000d5566-1e9e-468a-844c-cc799ccab45e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2016-10-28
Reporting Person: YOUNG MORRIS S (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-28 | Common Stock | A | 58299 | — | Acquired | 1073538 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-10-28 | Stock Options | $5.21 | A | 174896 | Acquired | 2026-10-28 | Common Stock (174896) | Direct |
Footnotes
F1: Represent grant of restricted stock awards which vest in four equal installments on each anniversary of the date of grant.
F2: 1/4 vested on first year anniversary and 1/48 monthly thereafter.
F3: This total includes 603,951 shares of common stock held by the Young Family Trust for which the Reporting Person serves as trustee and 483 shares of common stock held by the Morris Young Family Ltd. Partnership. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.