Hassane El-Khoury - 15 Jun 2023 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Signature
/s/ Pamela L. Tondreau, Attorney-in-Fact
Issuer symbol
ON
Transactions as of
15 Jun 2023
Transactions value $
-$2,057,019
Form type
4
Filing time
20 Jun 2023, 17:08:10 UTC
Previous filing
09 Jun 2023
Next filing
20 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Sale -$55.1K -600 -0.1% $91.87 573K 15 Jun 2023 Direct F1
transaction ON Common Sale -$2M -21.9K -3.82% $91.41 551K 15 Jun 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This disposition transaction was executed in multiple trades at prices ranging from $91.86 to $91.90. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F2 This disposition transaction was executed in multiple trades at prices ranging from $90.86 to $91.85. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.