Paul A. Mascarenas - May 16, 2024 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
May 16, 2024
Transactions value $
-$67,833
Form type
4
Date filed
5/17/2024, 06:13 PM
Previous filing
May 17, 2024
Next filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Award $0 +3.08K +6.59% $0.00 49.8K May 16, 2024 Direct F1
transaction ON Common Sale -$67.8K -911 -1.83% $74.46 48.9K May 16, 2024 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).

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted under the Issuer's Amended and Restated Stock Incentive Plan on May 16, 2024. The award will vest on the day prior to the Issuer's next Annual Meeting of Stockholders; however, issuance of the shares underlying the award will be deferred to a later date in accordance with the Reporting Person's election.