0001209191-20-014488.txt : 20200302
0001209191-20-014488.hdr.sgml : 20200302
20200302163523
ACCESSION NUMBER: 0001209191-20-014488
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200228
FILED AS OF DATE: 20200302
DATE AS OF CHANGE: 20200302
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PUMA MARY G
CENTRAL INDEX KEY: 0001158015
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30941
FILM NUMBER: 20677424
MAIL ADDRESS:
STREET 1: AXCELIS TECHNOLOGIES INC.
STREET 2: 108 CHERRY HILL DRIVE
CITY: BEVERLY
STATE: MA
ZIP: 01915
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AXCELIS TECHNOLOGIES INC
CENTRAL INDEX KEY: 0001113232
STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559]
IRS NUMBER: 341818596
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 108 CHERRY HILL DRIVE
CITY: BEVERLY
STATE: MA
ZIP: 01915
BUSINESS PHONE: 978-787-4000
MAIL ADDRESS:
STREET 1: 108 CHERRY HILL DRIVE
CITY: BEVERLY
STATE: MA
ZIP: 01915
FORMER COMPANY:
FORMER CONFORMED NAME: EATON SEMICONDUCTOR EQUIPMENT INC
DATE OF NAME CHANGE: 20000501
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-02-28
0
0001113232
AXCELIS TECHNOLOGIES INC
ACLS
0001158015
PUMA MARY G
C/O AXCELIS TECHNOLOGIES, INC.
108 CHERRY HILL DRIVE
BEVERLY
MA
01915
1
1
0
0
President and CEO
Common Stock
2020-02-28
4
F
0
7221
0.00
D
342652
D
Common Stock
2020-02-28
4
F
0
10111
0.00
D
332541
D
Common Stock
6000
I
Held by Spouse
This forfeiture of shares for tax withholding purposes relates to the vesting on February 28, 2020 of the remainder of performance based restricted stock units granted to the executive in May 2018. These shares were determined to be earned by the executive pursuant to a resolution of the Axcelis Technologies, Inc. Compensation Committee on February 5, 2019, and half of the earned shares vested on February 28, 2019. 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.
These shares were withheld by the Company to cover the tax withholding obligations of the executive on the vesting of restricted stock units on February 28, 2020.
Of the shares beneficially owned by the executive on February 28, 2020 after the vesting of the 2018 performance based restricted stock units, 151,414 shares were issuable on vesting of restricted stock units which are subject to forfeiture. This number includes 22,771 shares issuable under the executive's 2019 performance based restricted stock units, which also vested on February 28, 2020.
This forfeiture of shares for tax withholding purposes relates to the vesting on February 28, 2020 of the first half of shares earned under performance based restricted stock units granted to the executive in May 2019. These shares were determined to be earned by the executive pursuant to a resolution of the Axcelis Technologies, Inc. Compensation Committee on February 12, 2020. The second half of the shares earned under this restricted stock unit award will vest on February 28, 2021, assuming continuation of the executive's services. 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.
Of the shares beneficially owned by the executive on February 28, 2020 after the vesting of shares issued on both the 2018 performance based restricted stock units and the 2019 performance based restricted stock units, 128,643 shares were issuable on vesting of restricted stock units which are subject to forfeiture.
Lynnette C. Fallon, as attorney in fact for Mary G. Puma
2020-03-02