Vince Craig Hopkin - 10 Feb 2022 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Signature
/s/ Lauren C. Bellerjeau, Attorney-in-Fact
Issuer symbol
ON
Transactions as of
10 Feb 2022
Net transactions value
-$196,782
Form type
4
Filing time
14 Feb 2022, 15:56:28 UTC
Previous filing
04 Feb 2022
Next filing
15 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Award $0 +13,876 +12% $0.000000 128,213 10 Feb 2022 Direct F1
transaction ON Common Sale $196,782 -3,000 -2.3% $65.59 125,213 10 Feb 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common stock granted under the Issuer's Amended and Restated Stock Incentive Plan on February 10, 2022. The grant will vest in three equal annual installments beginning on the first anniversary of the grant date. The award was for no consideration other than service as an officer of the Issuer.
F2 This transaction was made pursuant to the Reporting Person's existing Rule 10b5-1 plan (i.e., a stock trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended).
F3 This disposition transaction was executed in multiple trades at prices ranging from $65.568 to $65.620. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.