Srinivas Vedula - 10 Feb 2022 Form 4 Insider Report for ONTO INNOVATION INC. (ONTO)

Role
Senior Vice President, Custome
Signature
By: /s/ Steven R. Roth For: Srinivas Vedula
Issuer symbol
ONTO
Transactions as of
10 Feb 2022
Transactions value $
$0
Form type
4
Filing time
14 Feb 2022, 15:37:54 UTC
Previous filing
23 Nov 2021
Next filing
12 Apr 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 +1.63K +10.22% $0.00 17.6K 10 Feb 2022 Direct F1, F2

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 +817 $0.00 817 10 Feb 2022 Common Stock 817 Direct F3
transaction ONTO Performance Stock Unit Award $0 +816 $0.00 816 10 Feb 2022 Common Stock 816 Direct F3
* 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 Includes 129 shares purchased on December 31, 2021 pursuant to the Issuer's Employee Stock Purchase Plan.
F3 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.