Yoon Ah OH - 10 Feb 2022 Form 4 Insider Report for ONTO INNOVATION INC. (ONTO)

Role
General Counsel
Signature
By: /s/ Steven R. Roth For: YOON AH OH
Issuer symbol
ONTO
Transactions as of
10 Feb 2022
Net transactions value
$0
Form type
4
Filing time
14 Feb 2022, 15:36:34 UTC
Previous filing
26 Oct 2021
Next filing
26 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTO Common Stock Award $0 +2,722 +34% $0.000000 10,765 10 Feb 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
transaction ONTO Performance Stock Unit Award $0 +1,361 $0.000000 1,361 10 Feb 2022 Common Stock 1,361 Direct F2
transaction ONTO Performance Stock Unit Award $0 +1,360 $0.000000 1,360 10 Feb 2022 Common Stock 1,360 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.