Mark Slicer - Feb 14, 2025 Form 4 Insider Report for ONTO INNOVATION INC. (ONTO)

Signature
Mark R. Slicer
Stock symbol
ONTO
Transactions as of
Feb 14, 2025
Transactions value $
-$423,014
Form type
4
Date filed
2/19/2025, 05:43 PM
Previous filing
Nov 18, 2024
Next filing
Mar 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTO Common Stock Options Exercise $0 +4.56K +41.75% $0.00 15.5K Feb 14, 2025 Direct F1
transaction ONTO Common Stock Tax liability -$314K -1.78K -11.46% $176.55 13.7K Feb 14, 2025 Direct F2
transaction ONTO Common Stock Tax liability -$109K -620 -4.52% $176.55 13.1K Feb 14, 2025 Direct 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 Options Exercise $0 -2.28K -100% $0.00 0 Feb 14, 2025 Common Stock 2.28K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the settlement of performance stock units ("PSUs") granted on February 14, 2023 in shares of common stock of Onto Innovation Inc. on their scheduled vesting date of February 14, 2025 as a result of the satisfaction of the performance criteria at 200% of the target.
F2 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.