4//SEC Filing
YOUNG MORRIS S 4
Accession 0001415889-25-004949
CIK 0001051627other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 6:40 PM ET
Size
12.4 KB
Accession
0001415889-25-004949
Insider Transaction Report
Form 4
AXT INCAXTI
YOUNG MORRIS S
Director
Transactions
- Award
Common Stock
2025-02-18+223,590→ 2,419,490 total - Award
Common Stock
2025-02-18+33,264→ 2,195,900 total
Footnotes (2)
- [F1]Represents common stock granted on February 18, 2025 (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 forth 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 $2.16, which is the 30-day trading average of the closing price of the Issuer's common stock from the Grant Date.
- [F2]Represents an award of at-risk, performance shares ("PSAs") under the Issuer's 2015 Equity Incentive Plan. The PSAs were originally approved to the Reporting Person on February 20, 2024 and are eligible to vest upon the achievement of certain target financial metrics for fiscal year 2024 ("FY2024"). The PSAs reported in this row represent the maximum number of PSAs issued to the Reporting Person in connection with exceeding the target financial metric for FY2024.
Documents
Issuer
AXT INC
CIK 0001051627
Entity typeother
Related Parties
1- filerCIK 0001078582
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 6:40 PM ET
- Size
- 12.4 KB