Mary Puma - May 9, 2024 Form 4 Insider Report for AXCELIS TECHNOLOGIES INC (ACLS)

Role
EXECUTIVE CHAIRPERSON, Director
Signature
/s/ Lynnette C. Fallon, Attorney-in-Fact
Stock symbol
ACLS
Transactions as of
May 9, 2024
Transactions value $
-$1,966,105
Form type
4
Date filed
5/13/2024, 04:15 PM
Previous filing
Mar 25, 2024
Next filing
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLS Common Stock Tax liability -$1.97M -17.4K -6.97% $113.04 232K May 9, 2024 Direct F1, F2, F3
holding ACLS Common Stock 5K May 9, 2024 Held by Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mary Puma is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This forfeiture of shares for tax withholding purposes relates to the vesting on May 9, 2024 of certain restricted stock units granted to the executive in accordance with the Company's Executive Equity Retirement Program. As agreed with the executive, the shares issued to the executive on the vested shares were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested shares.
F2 These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units on May 9, 2024.
F3 Of the shares held as of May 9, 2024, after the acceleration of vesting, 5,252 shares were issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.