Sudhir Gopalswamy - Feb 1, 2024 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Role
SVP & GM, ASG
Signature
/s/ Hope M. Spencer, Attorney-in-Fact
Stock symbol
ON
Transactions as of
Feb 1, 2024
Transactions value $
-$257,538
Form type
4
Date filed
2/5/2024, 05:25 PM
Previous filing
May 31, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Award $0 +12.9K +30.63% $0.00 55.1K Feb 1, 2024 Direct F1
transaction ON Common Award $0 +5.46K +9.91% $0.00 60.6K Feb 1, 2024 Direct F2
transaction ON Common Award $0 +4.18K +6.9% $0.00 64.8K Feb 1, 2024 Direct F3
transaction ON Common Tax liability -$258K -3.64K -5.61% $70.83 61.1K Feb 2, 2024 Direct F4, F5
* 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 20, 2023, 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 6, 2024, subject to the Reporting Person's continued employment through the applicable vesting date.
F2 Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on March 7, 2022, that (a) were earned based on the Issuer's performance as measured against the underlying metrics and (b) will vest on February 2, 2024.
F3 Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on May 26, 2023, 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 6, 2024, subject to the Reporting Person's continued employment through the applicable vesting date.
F4 Represents shares withheld to cover taxes due upon the vesting of performance-based restricted stock units.
F5 Includes an additional 209 shares that were acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan since his last Section 16 filing.