4//SEC Filing
Redinbo Greg 4
Accession 0001415889-25-006547
CIK 0001113232other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:30 PM ET
Size
8.5 KB
Accession
0001415889-25-006547
Insider Transaction Report
Form 4
Redinbo Greg
EVP MARKETING AND APPLICATIONS
Transactions
- Tax Payment
Common Stock
2025-02-28$54.79/sh−471$25,806→ 22,632 total - Tax Payment
Common Stock
2025-02-28$54.79/sh−749$41,038→ 21,883 total
Footnotes (5)
- [F1]This forfeiture of shares for tax withholding purposes relates to the vesting on February 28, 2025 of performance based restricted stock units ("2023 PRSUs") granted to the executive in May 2023. The units vesting on the 2023 PRSUs were deemed earned by the Compensation Committee in February 2024, and the shares vesting on February 28, 2025 represent the final tranche of that grant. As agreed with the executive, the shares issued to the executive on the vesting were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested 2023 PRSUs.
- [F2]Represents the closing price of the Company's common stock on February 28, 2025, the date of the tax withholding.
- [F3]Of the shares held as of February 28, 2025 after the vesting of the 2023 PRSUs, 14,123 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.
- [F4]This forfeiture of shares for tax withholding purposes relates to the vesting on February 28, 2025 of performance based restricted stock units ("2024 PRSUs") granted to the executive in May 2024. Of the 2024 PRSUs granted, 150% were determined to be earned by the executive pursuant to a resolution of the Axcelis Technologies, Inc. Compensation Committee on February 13, 2025, and half of the earned shares vested on February 28, 2025. As agreed with the executive, the shares issued to the executive on the vesting were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested 2024 PRSUs.
- [F5]Of the shares held as of February 28, 2025 after the vesting of the 2024 PRSUs, 11,985 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.
Documents
Issuer
AXCELIS TECHNOLOGIES INC
CIK 0001113232
Entity typeother
Related Parties
1- filerCIK 0001940017
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:30 PM ET
- Size
- 8.5 KB