Hassane El-Khoury - 07 Dec 2021 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Role
CEO & President, Director
Signature
/s/ Lauren C. Bellerjeau, Attorney-in-Fact
Issuer symbol
ON
Transactions as of
07 Dec 2021
Transactions value $
-$771,197
Form type
4
Filing time
09 Dec 2021, 16:10:39 UTC
Next filing
14 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Tax liability -$771K -11.8K -6.7% $65.45 164K 07 Dec 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents shares withheld by the Issuer in connection with the vesting of certain restricted stock units granted to the Reporting Person on December 7, 2020 pursuant to the Issuer's Amended and Restated Stock Incentive Plan and the related award agreement. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
F2 Includes an aggregate of 311 shares, consisting of 146 shares and 165 shares acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan for the calendar quarters ended June 30, 2021 and September 30, 2021, respectively.

Remarks:

Lauren C. Bellerjeau is signing on behalf of the Reporting Person pursuant to a Power of Attorney attached hereto as Exhibit 24.