Simon Keeton - Feb 6, 2025 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Signature
/s/ Hope M. Spencer, Attorney-in-Fact
Stock symbol
ON
Transactions as of
Feb 6, 2025
Transactions value $
-$633,348
Form type
4
Date filed
2/10/2025, 05:12 PM
Previous filing
Dec 18, 2024
Next filing
Feb 12, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Award $0 +28.3K +13.94% $0.00 232K Feb 6, 2025 Direct F1
transaction ON Common Award $0 +7.98K +3.45% $0.00 240K Feb 6, 2025 Direct F2
transaction ON Common Award $0 +6.56K +2.74% $0.00 246K Feb 6, 2025 Direct F3
transaction ON Common Tax liability -$633K -12.4K -5.02% $51.25 234K Feb 7, 2025 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 21, 2024, that were earned based on the Issuer's performance as measured against the underlying metrics. These units will vest in three annual installments beginning on February 11, 2025, subject to the Reporting Person's continued employment through the applicable vesting date.
F2 Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 10, 2022, that (a) were earned based on the Issuer's performance as measured against the underlying metrics and (b) will vest on February 7, 2025.
F3 Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 20, 2023, that (a) were earned based on the Issuer's performance as measured against the underlying metrics and (b) will vest on February 7, 2025.
F4 Represents shares withheld to cover taxes due upon the vesting of performance-based restricted stock units.
F5 Includes an additional 88 shares that were acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan since his last Section 16 filing.