Trent Thad - 06 Feb 2025 Form 4 Insider Report for ON SEMICONDUCTOR CORP (ON)

Signature
/s/ Hope M. Spencer, Attorney-in-Fact
Issuer symbol
ON
Transactions as of
06 Feb 2025
Net transactions value
-$1,013,418
Form type
4
Filing time
10 Feb 2025, 17:11:24 UTC
Previous filing
13 Jun 2024
Next filing
12 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ON Common Award $0 +37,771 +11% $0.000000 369,863 06 Feb 2025 Direct F1
transaction ON Common Award $0 +15,077 +4.1% $0.000000 384,940 06 Feb 2025 Direct F2
transaction ON Common Award $0 +8,742 +2.3% $0.000000 393,682 06 Feb 2025 Direct F3
transaction ON Common Tax liability $1,013,418 -19,774 -5% $51.25 373,908 07 Feb 2025 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 21, 2024, 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 11, 2025, 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 February 10, 2022, that (a) were earned based on the Issuer's performance as measured against the underlying metrics and (b) will vest on February 7, 2025.
F3 Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 20, 2023, that (a) were earned based on the Issuer's performance as measured against the underlying metrics and (b) will vest on February 7, 2025.
F4 Represents shares withheld to cover taxes due upon the vesting of performance-based restricted stock units.
F5 Includes an additional 263 shares that were acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan since his last Section 16 filing.