Seunghoon Lee - 01 Jun 2024 Form 4/A Insider Report for MAGNACHIP SEMICONDUCTOR Corp (MX)

Role
Acting Co-General Manager of Power Analog Solutions
Signature
/s/ Theodore Kim, Attorney-in-Fact
Issuer symbol
MX
Transactions as of
01 Jun 2024
Net transactions value
$0
Form type
4/A
Filing time
11 Jul 2024, 16:20:04 UTC
Date Of Original Report
13 Jun 2024
Previous filing
13 May 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 +30,000 +37% $0.000000 111,833 01 Jun 2024 Direct F1

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 +9,000 $0.000000 9,000 01 Jun 2024 Common Stock 9,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 13, 2024, the Reporting Person filed a Form 4 which inadvertently reported in error that 121,314 shares of common stock of the Issuer were beneficially held by the Reporting Person. This Form 4 is amended to reflect that 111,833 shares of common stock of the Issuer were beneficially held by the Reporting Person.
F2 Each Performance-Based Restricted Stock Units ("PRSUs") represents a contingent right to receive one share of Issuer's common stock.
F3 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:

Acting Co-General Manager of Power Analog Solutions