Form Type: 4

SEC EDGAR Link
Accession Number:0001179110-20-000593
Date:2020-01-13
Issuer: AXT INC (AXTI)
Original Submission Date:

Reporting Person:

YOUNG MORRIS S
4281 TECHNOLOGY DR
FREMONT, CA 94538

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-01-13 M 90,000 a $2.36 1,625,019 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 2.36 2020-01-13 deemed execution date M 90,000 (d) 2014-11-04 2023-11-04 common stock 90,000 $2.36 1,361,204 direct
Footnotes
IDfootnote
f1 this total includes 522,806 shares of common stock held by the reporting person and the young family trust for which the reporting person serves as trustee; 218,113 shares of common stock held by the morris s. s. young 2016 annuity trust for which the reporting person serves as trustee; 183,617 shares of common stock held by the vicke young 2016 annuity trust for which the reporting person serves as trustee; in 2019, two additional grats were established with 350,000 shares each for which the reporting person serves as trustee; and 483 shares of common stock held by the morris young family ltd. partnership. this total also corrects a clerical error in the reporting person's previous form 4 the reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of section 16 or for any other purpose.
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