Sec Form 4 Filing - Shanghai Science & Technology Venture Capital (Group) Co., Ltd. @ ACM Research, Inc. - 2024-10-04

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Shanghai Science & Technology Venture Capital (Group) Co., Ltd.
2. Issuer Name and Ticker or Trading Symbol
ACM Research, Inc. [ ACMR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Possible member of 10% group
(Last) (First) (Middle)
BOHUA PLAZA, 39TH FLOOR 669, XINZHA, JING'AN DISTRICT
3. Date of Earliest Transaction (MM/DD/YY)
10/04/2024
(Street)
SHANGHAI, F4200041
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, $0.0001 par value 10/04/2024 S 570,735 D $ 21.52 ( 1 ) ( 2 ) 2,833,171 D
Class A Common Stock, $0.0001 par value 10/04/2024 S 129,265 D $ 20.94 ( 3 ) 2,703,906 D
Class A Common Stock, $0.0001 par value 10/07/2024 S 100,514 D $ 25.36 ( 4 ) 2,603,392 D
Class A Common Stock, $0.0001 par value 10/07/2024 S 1,481 D $ 25.02 ( 5 ) 2,601,911 D
Class A Common Stock, $0.0001 par value 10/07/2024 S 173,005 D $ 23.32 ( 6 ) 2,428,906 D
Class A Common Stock, $0.0001 par value 10/08/2024 S 90,396 D $ 21.13 ( 7 ) 2,338,510 D
Class A Common Stock, $0.0001 par value < span class="form4-data"> 3,358,728 I Through Shanghai Pudong Science & Technology Investment Group Co., Ltd. ( 8 ) ( 9 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Shanghai Science & Technology Venture Capital (Group) Co., Ltd.
BOHUA PLAZA, 39TH FLOOR 669, XINZHA
JING'AN DISTRICT
SHANGHAI, F4200041
X Possible member of 10% group
Shanghai Pudong Science & Technology Investment Group Co., Ltd.
NO. 118, RONGKE ROAD, 17TH FLOOR
PUDONG NEW AREA
SHANGHAI, F4200120
X Possible member of 10% group
Signatures
/s/ Wangyu Ge, authorized representative 10/08/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2 through 7 of this Form 4.
( 2 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $21.11 to $22.10, inclusive.
( 3 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.71 to $21.10, inclusive.
( 4 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.03 to $26.02, inclusive.
( 5 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.01 to $25.02, inclusive.
( 6 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.05 to $23.91, inclusive.
( 7 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $20.53 to $21.51, inclusive.
( 8 )This Form 4 is being filed by the undersigned as well as Shanghai Pudong Science & Technology Investment Group Co., Ltd., as set forth on the Joint Filer Information Statement attached as an exhibit hereto (the "Reporting Persons"). Shanghai Science & Technology Venture Capital (Group) Co., Ltd. holds a 46% equity interest in Shanghai Pudong Science & Technology Investment Group Co., Ltd.
( 9 )In accordance with Instruction 4(b)(iv) to Form 4, the entire amount of the Issuer's securities held by the Reporting Persons is reported herein. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of its indirect pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Remarks:
The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted by Shanghai Science & Technology Venture Capital (Group) Co., Ltd. on June 12, 2024.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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