0001140361-20-017857.txt : 20200807
0001140361-20-017857.hdr.sgml : 20200807
20200807190305
ACCESSION NUMBER: 0001140361-20-017857
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200805
FILED AS OF DATE: 20200807
DATE AS OF CHANGE: 20200807
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wang David H
CENTRAL INDEX KEY: 0001721580
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38273
FILM NUMBER: 201086013
MAIL ADDRESS:
STREET 1: C/O ACM RESEARCH, INC.
STREET 2: 42307 OSGOOD ROAD, SUITE I
CITY: FREMONT
STATE: CA
ZIP: 94539
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ACM Research, Inc.
CENTRAL INDEX KEY: 0001680062
STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559]
IRS NUMBER: 000000000
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 42307 OSGOOD ROAD, SUITE I
CITY: FREMONT
STATE: CA
ZIP: 94539
BUSINESS PHONE: 510-445-3700
MAIL ADDRESS:
STREET 1: 42307 OSGOOD ROAD, SUITE I
CITY: FREMONT
STATE: CA
ZIP: 94539
4
1
form4.xml
FORM 4
X0306
4
2020-08-05
0001680062
ACM Research, Inc.
ACMR
0001721580
Wang David H
C/O ACM RESEARCH, INC.
42307 OSGOOD ROAD, SUITE I
FREMONT
CA
94539
true
true
true
See remarks
Class A Common Stock
22.07
2020-08-05
4
A
0
181799
0
A
2030-03-19
Class A Common Stock
181799
181799
D
On March 20, 2020, the reporting person was granted options to purchase an aggregate of 545,399 shares of the Issuer's Class A common stock, based on the satisfaction of certain performance criteria. In general, one-third of the shares subject to the options vest and become exercisable upon an increase in the Issuer's market capitalization (calculated as described in footnote 2) of $1 billion, $2 billion and $3 billion, respectively, from the market capitalization of $553,383,586 on the date of grant. An initial 181,799 shares vested and became exercisable on August 5, 2020, which was the first trading day as of which the Issuer's market capitalization equaled or exceeded $1,553,383,586. The remaining shares will vest and become exercise in two equal installments upon the first trading days, if any, on which the Issuer's market capitalization equals or exceeds $2,553,383,586 and $3,553,383,586, respectively.
For purposes of the options, the market capitalization as of a specified trading day is calculated by multiplying (a) the average of the daily volume-weighted average price per share of the Issuer's Class A common stock for each of the trading days occurring during the thirty calendar day period ending on that specified trading day by (b) the total number of issued and outstanding shares of the Issuer's Class A and Class B common stock as of 11:59 p.m. (Eastern time) on such specified trading day.
Chief Executive Officer, President and Director
/s/ Mark L. Johnson, Attorney-in-Fact for David H. Wang
2020-08-07