X0306 4/A 2014-07-01 2014-07-03 0 0001051627 AXT INC AXTI 0001078582 YOUNG MORRIS S 4281 TECHNOLOGY DRIVE FREMONT CA 94538 1 1 0 0 Chief Executive Officer Common Stock 2014-07-01 4 M 0 50000 1.18 A 449951 I By Trust Stock Options (right to buy) 1.18 2014-07-01 4 M 0 50000 0 A 2005-08-13 2014-08-13 Common Stock 50000 0 D Shares held directly by the Young Family Trust for which the Reporting Person serves as trustee. 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. 1/4th of the option vested on August 13, 2005 and 1/48 of the option vested monthly thereafter. This report corrects the Reporting Person's title, adds the disclosure in Table I regarding shares held directly by the Young Family Trust and corrects the disclosure in Table II. /s/ Morris S Young by power of attorney 2014-07-08