AXT INC — Director's Dealing 2024

Oct 31, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2024-10-29

Reporting Person: YOUNG MORRIS S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-10-29	Common Stock	A	22003	—	Acquired	2050841	Direct

Footnotes

F1: Represents common stock granted on October 29, 2024 (the "Grant Date") under the Issuer's 2015 Equity Incentive Plan, in a transaction exempt under Rule 16b-3, in lieu of the Reporting Person's cash bonus earned for the third fiscal quarter of 2024 pursuant to the Issuer's Executive Incentive Plan. The common stock granted was calculated based on the cash bonus amount earned at a conversion price of $2.46, which is the 30-day trading average of the closing price of the Issuer's common stock from the Grant Date.