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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Wang Jian
2. Issuer Name and Ticker or Trading Symbol

ACM Research, Inc. [ ACMR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
See remarks
(Last)          (First)          (Middle)

C/O ACM RESEARCH, INC., 42307 OSGOOD ROAD, SUITE I
3. Date of Earliest Transaction (MM/DD/YYYY)

9/9/2020
(Street)

FREMONT, CA 94539
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 9/9/2020  M(1)  33334 A$1.5 117720 D  
Class A Common Stock 9/9/2020  F(1)  848 D$58.97 116872 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option $1.5 9/9/2020  M (1)    33334   (2)5/1/2025 Class A Common Stock 33334 $0 0 D  

Explanation of Responses:
(1) On September 9, 2020, the reporting person exercised, by net exercise, a previously issued stock option to purchase 33,334 shares of Class A Common Stock of the Issuer. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer withholding 848 shares of Class A Common Stock for payment of the exercise price, based on the closing price of the Issuer's Class A Common Stock on September 8, 2020 of $58.97, and issuing to the reporting person the remaining 32,486 shares of Class A Common Stock.
(2) The option is fully vested and exercisable.

Remarks:
Chief Executive Officer and President of ACM Research (Shanghai), Inc., a subsidiary of the Issuer

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Wang Jian
C/O ACM RESEARCH, INC.
42307 OSGOOD ROAD, SUITE I
FREMONT, CA 94539


See remarks

Signatures
/s/ Mark L. Johnson, Attorney-in-Fact for Jian Wang9/10/2020
**Signature of Reporting PersonDate

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