Michael Plisinski - Feb 10, 2022 Form 4 Insider Report for ONTO INNOVATION INC. (ONTO)

Role
CEO, Director
Signature
By: /s/ Steven R. Roth For: Michael Plisinski
Stock symbol
ONTO
Transactions as of
Feb 10, 2022
Transactions value $
$0
Form type
4
Date filed
2/14/2022, 03:26 PM
Previous filing
Feb 9, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONTO Common Stock Award $0 +19K +8.52% $0.00 243K Feb 10, 2022 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 Award $0 +9.53K $0.00 9.53K Feb 10, 2022 Common Stock 9.53K Direct F2
transaction ONTO Performance Stock Unit Award $0 +9.52K $0.00 9.52K Feb 10, 2022 Common Stock 9.52K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of ONTO common stock. The RSUs vest on an annual basis, in equal 1/3rd increments, over a three-year period from the award date.
F2 Shares are represented by performance stock units (PSUs). Each PSU represents a contingent right to receive one share of ONTO common stock. The number of PSUs reported represents the target number of PSUs under the award. The number of PSUs that vest, if any, may vary from 0% to 200% of the target number shown, and is based on specific performance criteria from the award date through the expiration date.