-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UQSZNcaolKfrArpnBm/4zh81csXx26meY3N2qoMRFHQ+dbYcU6lWDYLkYV3mmzbc Rz0FH+7+DX9HfTHaIeE4qg== 0001104659-05-012128.txt : 20050321 0001104659-05-012128.hdr.sgml : 20050321 20050321125504 ACCESSION NUMBER: 0001104659-05-012128 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050321 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20050321 DATE AS OF CHANGE: 20050321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXT INC CENTRAL INDEX KEY: 0001051627 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 943031310 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24085 FILM NUMBER: 05693612 BUSINESS ADDRESS: STREET 1: 4821 TECHNOLOGY DRIVE CITY: FREMONT STATE: CA ZIP: 94538 BUSINESS PHONE: 5106835900 MAIL ADDRESS: STREET 1: 4311 SOLAR WAY CITY: FREMONT STATE: CA ZIP: 94538 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN XTAL TECHNOLOGY DATE OF NAME CHANGE: 19971217 8-K 1 a05-5420_18k.htm 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 16, 2005

 

AXT, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-24085

 

94-3031310

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

4281 Technology Drive

Fremont, California 94538

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (510) 683-5900

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

Item 1.01.  Entry into a Material Definitive Agreement

 

On March 16, 2005, the Compensation Committee of the Board of Directors of AXT, Inc. approved the payment of quarterly bonus awards to each of the Company’s executive officers with respect to the quarter ended December 31, 2004. The quarterly bonus awards were made pursuant to the guidelines established by the Compensation Committee earlier in the fiscal year. The bonus awards were determined based on the Company’s performance during the quarter ended December 31, 2004, as well as against individual performance goals established for each executive officer.  The following table sets forth the cash payments to the named executive officers in respect of their quarterly bonus awards for the quarter ended December 31, 2004:

 

 

Name

 

Bonus Award

 

 

 

 

 

Donald L. Tatzin

 

$

6,783.75

 

Interim Chief Executive Officer

 

 

 

 

 

 

 

Wilson W. Cheung

 

$

18,045.00

 

Chief Financial Officer

 

 

 

 

 

 

 

Morris S. Young

 

$

11,908.00

 

Chief Executive Officer, China Operations

 

 

 

 

 

 

 

Davis Zhang

 

$

7,350.00

 

President, China Operations

 

 

 

 

2


 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

AXT, INC.

 

 

 

 

Date: March 21, 2005

By:

 /s/ Wilson W. Cheung

 

 

 

Wilson W. Cheung

 

 

 

Chief Financial Officer

 

 

3

 -----END PRIVACY-ENHANCED MESSAGE-----