Hassane El-Khoury - Feb 21, 2024 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Role
CEO & President, Director
Signature
/s/ Hope M. Spencer, Attorney-in-Fact
Stock symbol
ON
Transactions as of
Feb 21, 2024
Transactions value $
-$904,195
Form type
4
Date filed
2/22/2024, 09:35 PM
Previous filing
Feb 20, 2024
Next filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Award $0 +108K +16.36% $0.00 767K Feb 21, 2024 Direct F1
transaction ON Common Award $0 +86.3K +11.25% $0.00 854K Feb 21, 2024 Direct F2
transaction ON Common Tax liability -$904K -11.6K -1.36% $77.62 842K Feb 21, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that will vest in three annual installments beginning on the third anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting date, with the potential to earn additional shares on each vesting date if applicable performance criteria are met.
F2 Represents time-based restricted stock units that will vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting date.
F3 Represents shares withheld to cover taxes due upon the vesting of restricted stock units.