Bernard Raymond Colpitts Jr. - 01 Jun 2021 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Role: Chief Accounting Officer
Signature: /s/ Lauren C. Bellerjeau, Attorney-in-Fact
Issuer symbol: ON
Transactions as of: 01 Jun 2021
Net transactions value: -$53,320
Form type: 4
Filing time: 03 Jun 2021, 18:03:59 UTC
Next filing: 23 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ON	Common	Tax liability	$53,320	-1,336	-5.6%	$39.91	22,373	01 Jun 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	This transaction represents shares withheld by the Issuer in connection with the vesting of certain restricted stock units granted to the Reporting Person on June 1, 2020 pursuant to the Issuer's Amended and Restated Stock Incentive Plan and the related award agreement. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
F2	Includes an aggregate of 191 shares acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan for the calendar quarter ended March 31, 2021.

Content

This transaction represents shares withheld by the Issuer in connection with the vesting of certain restricted stock units granted to the Reporting Person on June 1, 2020 pursuant to the Issuer's Amended and Restated Stock Incentive Plan and the related award agreement. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.

Includes an aggregate of 191 shares acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan for the calendar quarter ended March 31, 2021.