Bernard Raymond Colpitts Jr. - 11 Sep 2023 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Signature
/s/ Hope M. Spencer, Attorney-in-Fact
Issuer symbol
ON
Transactions as of
11 Sep 2023
Net transactions value
-$374,311
Form type
4
Filing time
13 Sep 2023, 17:41:14 UTC
Previous filing
22 Aug 2023
Next filing
13 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Sale $277,208 -2,795 -8% $99.18 32,050 11 Sep 2023 Direct
transaction ON Common Sale $97,103 -1,005 -3.1% $96.62 31,045 12 Sep 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).