Robert Fiordalice - May 26, 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 26, 2023
Transactions value $
-$92,552
Form type
4
Date filed
5/30/2023, 04:57 PM
Previous filing
May 22, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTO Common Stock Sale -$92.6K -846 -5.89% $109.40 13.5K May 26, 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.