AXT INC — Director's Dealing 2023

Apr 27, 2023

SEC Form 4/A — Form 4/A

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2023-01-03

Reporting Person: LEBLANC LEONARD J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-03	Common Stock	A	18306	—	Acquired	202223	Direct

Footnotes

F1: This amended Form 4 is filed solely to correct (i) the relationship of the reporting person to the issuer as Director Emeritus as set forth in Box 5 and (ii) the vesting schedule as set forth in footnote 2. No other changes have been made to this Form 4.

F2: One hundred percent (100%) of the shares of common stock subject to the restricted stock award shall be scheduled to vest on the one (1) year anniversary of December 29, 2022, subject to the reporting person continuing to be a Service Provider (as defined in the AXT, Inc. 2015 Equity Incentive Plan (the "2015 Plan")) through the vesting date; provided that in the event of a Change in Control (as defined in the 2015 Plan), the restricted stock award will become fully and immediately vested in one hundred percent (100%) of the then unvested shares of common stock subject thereto, so long as the reporting person's status as a Service Provider has not terminated prior to the effective date of the Change in Control.