Simon Keeton - Feb 2, 2023 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Role: EVP & GM, PSG
Signature: /s/ Pamela L. Tondreau, Attorney-in-Fact
Stock symbol: ON
Transactions as of: Feb 2, 2023
Transactions value $: -$320,000
Form type: 4
Date filed: 2/6/2023, 03:45 PM
Previous filing: Feb 1, 2023
Next filing: Feb 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ON	Common	Award	$0	+27.7K	+14.87%	$0.00	214K	Feb 2, 2023	Direct	F1
transaction	ON	Common	Sale	-$320K	-4K	-1.87%	$80.00	210K	Feb 2, 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 subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 10, 2022, that were earned based on the Issuer's performance as measured against the underlying metrics. These units will vest in three annual installments beginning on February 7, 2023, subject to the Reporting Person's continued employment through the applicable vesting date.
F2	This transaction was made pursuant to the Reporting Person's previously-adopted Rule 10b5-1 plan.

Content

Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 10, 2022, that were earned based on the Issuer's performance as measured against the underlying metrics. These units will vest in three annual installments beginning on February 7, 2023, subject to the Reporting Person's continued employment through the applicable vesting date.

This transaction was made pursuant to the Reporting Person's previously-adopted Rule 10b5-1 plan.