Young-Joon Kim - 01 Jun 2024 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
01 Jun 2024
Net transactions value
$0
Form type
4
Filing time
13 Jun 2024, 16:20:11 UTC
Previous filing
12 Mar 2024
Next filing
03 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MX Common Stock Award $0 +133,000 +25% $0.000000 657,923 01 Jun 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 +267,000 $0.000000 267,000 01 Jun 2024 Common Stock 267,000 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 Unit ("PRSU") 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 ranges 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:

Director and Chief Executive Officer