AXT INC — Director's Dealing 2017

May 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2017-05-25

Reporting Person: CHANG DAVID C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-27	Common Stock	A	8823	—	Acquired	173807	Direct

Footnotes

F1: Represents the grant of a restricted stock award, 100% of shares of common stock shall be vested on the the one year anniversary of the date of grant, conditioned upon the Reporting Person's continued status as a service provider on each relevant vesting date.