secwatch.observer — SEC 8-K summary
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Issuer:     AXCELIS TECHNOLOGIES INC (ACLS)
CIK:        0001113232
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001104659-22-026590
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axcelis Technologies elects Dipti Vachani and Jeanne Quirk to its Board of Directors
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- Board expanded to ten; new directors elected Feb 23, 2022, term through 2022 Annual Meeting.
- Dipti Vachani (SVP at Arm) and Jeanne Quirk (SVP at TE Connectivity) join effective immediately.
- Each receives RSU grants: $150k new director grant vesting over 4 years and $75k pro-rated 2021 grant vesting Sept 2022.
- Committee assignments include Audit, Compensation, Technology/New Product Development, and Nominating & Governance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113232/000110465922026590/0001104659-22-026590-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113232/000110465922026590/tm226837d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-026590

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer