Seunghoon Lee - Jun 1, 2024 Form 4/A Insider Report for MAGNACHIP SEMICONDUCTOR Corp (MX)

Signature
/s/ Theodore Kim, Attorney-in-Fact
Stock symbol
MX
Transactions as of
Jun 1, 2024
Transactions value $
$0
Form type
4/A
Date filed
7/11/2024, 04:20 PM
Date Of Original Report
Jun 13, 2024
Previous filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MX Common Stock Award $0 +30K +36.66% $0.00 112K Jun 1, 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 +9K $0.00 9K Jun 1, 2024 Common Stock 9K 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