Robert Fiordalice - 26 Jan 2022 Form 3 Insider Report for ONTO INNOVATION INC. (ONTO)

Signature
By: /s/ Steven R. Roth For: Robert Fiordalice
Issuer symbol
ONTO
Transactions as of
26 Jan 2022
Net transactions value
$0
Form type
3
Filing time
28 Jan 2022, 15:37:22 UTC
Next filing
09 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ONTO Common Stock 11,281 26 Jan 2022 Direct F1

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
holding ONTO Performance Stock Unit 26 Jan 2022 Common Stock 845 Direct F2
holding ONTO Performance Stock Unit 26 Jan 2022 Common Stock 845 Direct F2
holding ONTO Performance Stock Unit 26 Jan 2022 Common Stock 704 Direct F2
holding ONTO Performance Stock Unit 26 Jan 2022 Common Stock 703 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,928 shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of ONTO common stock. The RSUs vest on an annual basis, in equal 1/3rd increments, over a three-year period from the award date.
F2 Shares are represented by performance stock units (PSUs). Each PSU represents a contingent right to receive one share of ONTO common stock. The number of PSUs reported represents the target number of PSUs under the award. The number of PSUs that vest, if any, may vary from 0% to 200% of the target number shown, and is based on specific performance criteria from the award date through the expiration date.