Robert Fiordalice - Feb 8, 2024 Form 4 Insider Report for ONTO INNOVATION INC. (ONTO)

Role
Sr. Vice President & GM, MBU
Signature
By: Mark R. Slicer For: Robert Fiordalice
Stock symbol
ONTO
Transactions as of
Feb 8, 2024
Transactions value $
-$242,672
Form type
4
Date filed
2/12/2024, 04:41 PM
Previous filing
Sep 18, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTO Common Stock Tax liability -$107K -648 -10% $164.76 5.83K Feb 8, 2024 Direct F1
transaction ONTO Common Stock Options Exercise $0 +1.41K +24.12% $0.00 7.24K Feb 8, 2024 Direct F2
transaction ONTO Common Stock Options Exercise $0 +1.74K +24.08% $0.00 8.98K Feb 10, 2024 Direct F3
transaction ONTO Common Stock Tax liability -$136K -755 -8.41% $180.01 8.22K Feb 10, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ONTO Performance Stock Unit Options Exercise $0 -703 -100% $0.00* 0 Feb 8, 2024 Common Stock 703 Direct F2
transaction ONTO Performance Stock Unit Options Exercise $0 -871 -100% $0.00* 0 Feb 10, 2024 Common Stock 871 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock unit or performance stock unit grants previously received by the Reporting Person.
F2 This transaction represents the settlement of performance stock units ("PSUs") granted on February 8, 2021 in shares of common stock of Onto Innovation Inc. on their scheduled vesting date of February 8, 2024 as a result of the satisfaction of the performance criteria at 200% of the target.
F3 This transaction represents the settlement of performance stock units ("PSUs") granted on February 10, 2022 in shares of common stock of Onto Innovation Inc. on their scheduled vesting date of February 10, 2024 as a result of the satisfaction of the performance criteria at 200% of the target.