SEC Form 4 · accession 0001225208-16-029251
ON SEMICONDUCTOR CORP · ON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard Gutmann
Officer — Exec VP & CFO
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 5:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001097864
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Mar 2, 2016 | F | 4,934 | $8.82 | D | 314,892 | D | |
| CommonF2 | Mar 3, 2016 | F | 6,187 | $8.94 | D | 308,705 | D | |
| CommonF3 | Mar 3, 2016 | F | 12,373 | $8.94 | D | 296,332 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This disposition transaction represents shares withheld by the Issuer in connection with the March 2, 2015 restricted stock units award to the Reporting Person under the Issuer's Amended and Restated Stock Incentive Plan. On March 2, 2016, certain of these units vested. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
- F2This disposition transaction represents shares withheld by the Issuer in connection with the March 3, 2014 restricted stock units award to the Reporting Person under the Issuer's Amended and Restated Stock Incentive Plan. On March 3, 2016, certain of these units vested. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of tthe Reporting Person.
- F3This disposition transaction represents shares withheld by the Issuer in connection with Reporting Person's 2014 PBRSU Award and related award agreements. On March 3, 2016, certain of these units vested. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
Remarks
Mark N. Rogers is signing on behalf of Reporting Person pursuant to a Power of Attorney, attached hereto as an exhibit.