Simon Keeton - 20 Feb 2024 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Role
EVP & GM, PSG
Signature
/s/ Hope M. Spencer, Attorney-in-Fact
Issuer symbol
ON
Transactions as of
20 Feb 2024
Transactions value $
-$242,481
Form type
4
Filing time
22 Feb 2024, 21:28:06
Previous filing
20 Feb 2024
Next filing
02 Jul 2024
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 -$242K -3.13K -1.47% $77.47 210K 20 Feb 2024 Direct F1
transaction ON Common Award $0 +29K +13.81% $0.00 239K 21 Feb 2024 Direct F2
transaction ON Common Award $0 +23.2K +9.71% $0.00 262K 21 Feb 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover taxes due upon the vesting of restricted stock units.
F2 Represents restricted stock units that will vest in three annual installments beginning on the third anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting date, with the potential to earn additional shares on each vesting date if applicable performance criteria are met.
F3 Represents time-based restricted stock units that will vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting date.