Theodore S. Kim - 31 Dec 2023 Form 4 Insider Report for MAGNACHIP SEMICONDUCTOR Corp (MX)

Role
Chief Compliance Officer, General Counsel and Secretary
Signature
/s/ Theodore Kim
Issuer symbol
MX
Transactions as of
31 Dec 2023
Net transactions value
-$110,325
Form type
4
Filing time
03 Jan 2024, 16:39:13 UTC
Previous filing
21 Feb 2023
Next filing
13 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 $19,088 -2,545 -1% $7.50 244,281 31 Dec 2023 Direct F1
transaction MX Common Stock Tax liability $21,878 -2,917 -1.2% $7.50 241,364 31 Dec 2023 Direct F2
transaction MX Common Stock Tax liability $69,360 -9,248 -3.8% $7.50 232,116 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 2,545 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 7,269 shares of common stock originally awarded to the Reporting Person on February 19, 2021.
F2 This transaction represents the withholding by the Issuer of 2,917 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 8,333 shares of common stock originally awarded to the Reporting Person on February 28, 2022.
F3 This transaction represents the withholding by the Issuer of 9,248 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 26,422 shares of common stock originally awarded to the Reporting Person on February 16, 2023.

Remarks:

Chief Compliance Officer, General Counsel and Secretary