Yoon Ah OH - 15 Mar 2024 Form 4 Insider Report for ONTO INNOVATION INC. (ONTO)

Signature
By: Mark R. Slicer For: Yoon Ah Oh
Issuer symbol
ONTO
Transactions as of
15 Mar 2024
Net transactions value
-$770,383
Form type
4
Filing time
18 Mar 2024, 16:21:50 UTC
Previous filing
05 Mar 2024
Next filing
17 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTO Common Stock Sale $467,083 -2,685 -14% $173.96 16,598 15 Mar 2024 Direct F1
transaction ONTO Common Stock Sale $303,300 -1,685 -10% $180.00 14,913 18 Mar 2024 Direct F1
* 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 The stock sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2023.