Shin Young Park - 31 Dec 2021 Form 4 Insider Report for MAGNACHIP SEMICONDUCTOR Corp (MX)

Role
Chief Financial Officer (4)
Signature
/s/ Theodore Kim, Attorney-in-Fact
Issuer symbol
MX
Transactions as of
31 Dec 2021
Net transactions value
-$47,916
Form type
4
Filing time
04 Jan 2022, 15:10:23 UTC
Next filing
19 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MX Common Stock Tax liability $9,248 -441 -1.3% $20.97 32,503 31 Dec 2021 Direct F1
transaction MX Common Stock Tax liability $16,503 -787 -2.4% $20.97 31,716 31 Dec 2021 Direct F2
transaction MX Common Stock Tax liability $22,165 -1,057 -3.3% $20.97 30,659 31 Dec 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the withholding by the Issuer of 441 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 934 shares of common stock originally awarded to the Reporting Person on October 22, 2019.
F2 This transaction represents the withholding by the Issuer of 787 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 1,667 shares of common stock originally awarded to the Reporting Person on May 7, 2020.
F3 This transaction represents the withholding by the Issuer of 1,057 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 2,237 shares of common stock originally awarded to the Reporting Person on February 19, 2021.

Remarks:

(4) Appointed as Chief Financial Officer and Principal Financial Officer as of January 1, 2022.