Ilbok Lee - 12 Aug 2021 Form 4 Insider Report for MAGNACHIP SEMICONDUCTOR Corp (MX)

Role
Director
Signature
/s/ Theodore Kim, Attorney-in-Fact
Issuer symbol
MX
Transactions as of
12 Aug 2021
Net transactions value
+$11.92
Form type
4
Filing time
16 Aug 2021, 16:10:32 UTC
Next filing
02 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MX Common Stock Options Exercise $237,750 +25,000 +26% $9.51 121,329 12 Aug 2021 Direct
transaction MX Common Stock Tax liability $237,738 -12,434 -10% $19.12 108,895 12 Aug 2021 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 MX Stock Option (Right to Buy) Options Exercise $0 -25,000 -100% $0.000000* 0 12 Aug 2021 Common Stock 25,000 $9.51 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock withheld by the Issuer as payment of the exercise price of the stock option.
F2 The stock option vested and became exercisable, subject to continued service: 34% on 8/19/2012; 9% on 11/19/2012; 8% on each of 2/19/2013, 5/19/2013, and 8/19/2013; 9% on 11/19/2013; and 8% on each of 2/19/2014, 5/19/2014, and 8/19/2014.