Paul A. Mascarenas - Jun 27, 2023 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Role: Director
Signature: /s/ Hope M. Spencer, Attorney-in-Fact
Stock symbol: ON
Transactions as of: Jun 27, 2023
Transactions value $: -$128,514
Form type: 4
Date filed: 6/28/2023, 04:28 PM
Previous filing: May 19, 2023
Next filing: Jul 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ON	Common	Sale	-$129K	-1.45K	-3.01%	$88.63	46.8K	Jun 27, 2023	Direct

* 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).

Remarks:

Hope M. Spencer is signing on behalf of the Reporting Person pursuant to a Power of Attorney attached hereto as Exhibit 24.