Kyo-Hwa Liz Chung - Jun 1, 2024 Form 4 Insider Report for MAGNACHIP SEMICONDUCTOR Corp (MX)

Role: Director
Signature: /s/ Theodore Kim, Attorney-in-Fact
Stock symbol: MX
Transactions as of: Jun 1, 2024
Transactions value $: -$41,965
Form type: 4
Date filed: 6/4/2024, 04:20 PM
Previous filing: Aug 21, 2023
Next filing: Jun 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MX	Common Stock	Disposed to Issuer	-$42K	-8.34K	-21.82%	$5.03	29.9K	Jun 1, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The subject transaction represents the forfeiture and cash settlement of 8,343 shares of common stock underlying an RSU award, originally awarded to the Reporting Person on June 1, 2023 and reported at that time as common stock in Table I, to satisfy the foreign tax obligation that accrued upon the vesting of 18,539 shares of common stock underlying such RSU award. The 8,343 shares of common stock underlying such award were cash settled at a price of $5.03 per share for an aggregate cash settlement of $41,965.29, which amount is approximately equal to (based on applicable foreign exchange rates), but does not exceed, the foreign tax obligation of the Reporting Person.

Content

The subject transaction represents the forfeiture and cash settlement of 8,343 shares of common stock underlying an RSU award, originally awarded to the Reporting Person on June 1, 2023 and reported at that time as common stock in Table I, to satisfy the foreign tax obligation that accrued upon the vesting of 18,539 shares of common stock underlying such RSU award. The 8,343 shares of common stock underlying such award were cash settled at a price of $5.03 per share for an aggregate cash settlement of $41,965.29, which amount is approximately equal to (based on applicable foreign exchange rates), but does not exceed, the foreign tax obligation of the Reporting Person.