Hassane El-Khoury - Jun 7, 2023 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Signature
/s/ Pamela L. Tondreau, Attorney-in-Fact
Stock symbol
ON
Transactions as of
Jun 7, 2023
Transactions value $
-$2,025,225
Form type
4
Date filed
6/9/2023, 05:05 PM
Previous filing
May 17, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Sale -$2.03M -22.5K -3.77% $90.01 574K Jun 7, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This disposition transaction was executed in multiple trades at prices ranging from $90.00 to $90.17. 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.