Bernard Raymond Colpitts Jr. - 30 Jan 2023 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Signature
/s/ Pamela L. Tondreau, Attorney-in-Fact
Issuer symbol
ON
Transactions as of
30 Jan 2023
Net transactions value
-$38,351
Form type
4
Filing time
01 Feb 2023, 15:36:08 UTC
Previous filing
06 Dec 2022
Next filing
06 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Award $0 +3,454 +15% $0.000000 26,143 30 Jan 2023 Direct F1, F2
transaction ON Common Tax liability $38,351 -540 -2.1% $71.02 25,603 30 Jan 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of performance-based restricted stock units, originally granted to the Reporting Person on December 2, 2021, that were earned based on the Issuer's performance as measured against the underlying metrics. One-third of this award vested immediately while the remainder will vest in two equal tranches on the second and third anniversaries of the grant date, subject to the Reporting Person's continued employment through the applicable vesting date.
F2 Includes an additional 100 shares that were acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan since his last Section 16 filing.
F3 Represents shares withheld to cover taxes due upon the vesting of performance-based restricted stock units.