AXT INC — Director's Dealing 2022

Nov 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2022-10-28

Reporting Person: YOUNG MORRIS S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-28	Common Stock	A	111795	—	Acquired	2093475	Direct

Footnotes

F1: This total includes 1,876,768 shares of common stock held by the Reporting Person and the Young Family Trust for which the Reporting Person serves as trustee;
In 2019 two additional GRATS were established with 108,112 shares each for which the Reporting Person serves as trustee; and 483 shares of common stock held by
the Morris Young Family Ltd. P artnership. The Reporting P erson 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 P erson is the beneficial owner of the securities for purposes of Section 16 or for any other
purposes.