Robert Fiordalice - May 18, 2023 Form 4 Insider Report for ONTO INNOVATION INC. (ONTO)

Role
SVP, GM MBU
Signature
By: Mark R. Slicer For: Robert Fiordalice
Stock symbol
ONTO
Transactions as of
May 18, 2023
Transactions value $
-$78,975
Form type
4
Date filed
5/22/2023, 05:06 PM
Previous filing
May 18, 2023
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTO Common Stock Sale -$79K -780 -5.15% $101.25 14.4K May 18, 2023 Direct F1
* 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 The stock sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 10, 2022.