Young-Joon Kim - 31 Dec 2023 Form 4 Insider Report for MAGNACHIP SEMICONDUCTOR Corp (MX)

Role
Director and Chief Executive Officer, Director
Signature
/s/ Theodore Kim, Attorney-in-Fact
Issuer symbol
MX
Transactions as of
31 Dec 2023
Net transactions value
-$195,465
Form type
4
Filing time
03 Jan 2024, 16:15:13 UTC
Previous filing
16 Aug 2023
Next filing
12 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MX Common Stock Tax liability $25,598 -3,413 -0.64% $7.50 529,746 31 Dec 2023 Direct F1
transaction MX Common Stock Tax liability $37,628 -5,017 -0.95% $7.50 524,729 31 Dec 2023 Direct F2
transaction MX Common Stock Tax liability $132,240 -17,632 -3.4% $7.50 507,097 31 Dec 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the withholding by the Issuer of 3,413 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 9,749 shares of common stock originally awarded to the Reporting Person on February 19, 2021.
F2 This transaction represents the withholding by the Issuer of 5,017 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 14,333 shares of common stock originally awarded to the Reporting Person on February 28, 2022.
F3 This transaction represents the withholding by the Issuer of 17,632 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 50,375 shares of common stock originally awarded to the Reporting Person on February 16, 2023.

Remarks:

Director and Chief Executive Officer