Theodore Kim - Jun 1, 2024 Form 4 Insider Report for MAGNACHIP SEMICONDUCTOR Corp (MX)

Role
Chief Compliance Officer, General Counsel and Secretary
Signature
/s/ Theodore Kim
Stock symbol
MX
Transactions as of
Jun 1, 2024
Transactions value $
$0
Form type
4
Date filed
6/13/2024, 04:20 PM
Previous filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MX Common Stock Award $0 +75K +31.37% $0.00 314K Jun 1, 2024 Direct

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 Performance-Based Restricted Stock Units Award $0 +75K $0.00 75K Jun 1, 2024 Common Stock 75K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance-Based Restricted Stock Units ("PRSUs") represents a contingent right to receive one share of Issuer's common stock.
F2 Reflects a number of shares of Issuer common stock that the Reporting Person would receive upon vesting and settlement of the PRSUs at the target level of performance, provided that the actual number of PRSUs that would become eligible to vest range from 0% to 300% of the target number of PRSUs based on actual achievement. The PRSUs vest upon Issuer's common stock achieving a specified price per share.

Remarks:

Chief Compliance Officer, General Counsel and Secretary