Michael Plisinski - Feb 8, 2024 Form 4 Insider Report for ONTO INNOVATION INC. (ONTO)

Role: CEO, Director
Signature: By: Mark R. Slicer For: Michael Plisinski
Stock symbol: ONTO
Transactions as of: Feb 8, 2024
Transactions value $: -$4,852,809
Form type: 4
Date filed: 2/12/2024, 04:42 PM
Previous filing: Aug 22, 2023
Next filing: Feb 16, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ONTO	Common Stock	Tax liability	-$664K	-4.03K	-1.6%	$164.76	248K	Feb 8, 2024	Direct	F1
transaction	ONTO	Common Stock	Options Exercise	$0	+24.8K	+10.02%	$0.00	273K	Feb 8, 2024	Direct	F2
transaction	ONTO	Common Stock	Tax liability	-$1.98M	-12K	-4.4%	$164.76	261K	Feb 8, 2024	Direct	F1
transaction	ONTO	Common Stock	Tax liability	-$553K	-3.07K	-1.18%	$180.01	258K	Feb 10, 2024	Direct	F1
transaction	ONTO	Common Stock	Options Exercise	$0	+19.1K	+7.4%	$0.00	277K	Feb 10, 2024	Direct	F3
transaction	ONTO	Common Stock	Tax liability	-$1.66M	-9.21K	-3.33%	$180.01	267K	Feb 10, 2024	Direct	F1

Showing 1 to 6 of 6 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ONTO	Performance Stock Unit	Options Exercise	$0	-12.4K	-100%	$0.00^*	0	Feb 8, 2024	Common Stock	12.4K		Direct	F2
transaction	ONTO	Performance Stock Unit	Options Exercise	$0	-9.53K	-100%	$0.00^*	0	Feb 10, 2024	Common Stock	9.53K		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 by Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock unit or performance stock unit grants previously received by the Reporting Person.
F2	This transaction represents the settlement of performance stock units ("PSUs") granted on February 8, 2021 in shares of common stock of Onto Innovation Inc. on their scheduled vesting date of February 8, 2024 as a result of the satisfaction of the performance criteria at 200% of the target.
F3	This transaction represents the settlement of performance stock units ("PSUs") granted on February 10, 2022 in shares of common stock of Onto Innovation Inc. on their scheduled vesting date of February 10, 2024 as a result of the satisfaction of the performance criteria at 200% of the target.