Robert Tong - 30 Jan 2023 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Role: SVP & GM, ASG
Signature: /s/ Pamela L. Tondreau, Attorney-in-Fact
Issuer symbol: ON
Transactions as of: 30 Jan 2023
Net transactions value: -$38,209
Form type: 4
Filing time: 01 Feb 2023, 15:37:21 UTC
Previous filing: 06 Dec 2022
Next filing: 06 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ON	Common	Award	$0	+3,454	+11%	$0.000000	35,739	30 Jan 2023	Direct	F1
transaction	ON	Common	Tax liability	$38,209	-538	-1.5%	$71.02	35,201	30 Jan 2023	Direct	F2

* 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	Represents shares withheld to cover taxes due upon the vesting of performance-based restricted stock units.

Content

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.

Represents shares withheld to cover taxes due upon the vesting of performance-based restricted stock units.