Trent Thad - Jun 11, 2024 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Signature
/s/ Hope M. Spencer, Attorney-in-Fact
Stock symbol
ON
Transactions as of
Jun 11, 2024
Transactions value $
-$2,756,938
Form type
4
Date filed
6/13/2024, 04:39 PM
Previous filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Sale -$2.76M -38K -10.28% $72.55 332K Jun 11, 2024 Direct F1, F2
* 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 This disposition transaction was executed in multiple trades at prices ranging from $72.17 to $72.71. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F2 Includes an additional 75 shares that were acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan since his last Section 16 filing.