SEC Form 4 · accession 0001225208-16-043159
ON SEMICONDUCTOR CORP · ON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A. Schromm
Officer — EVP & Chief Operating Officer
Period of report
Dec 12, 2016
Accepted (ET)
Dec 14, 2016 · 2:55 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 | Dec 12, 2016 | M | 60,000 | $9.208 | A | 546,397 | D | |
| CommonF1,F2 | Dec 12, 2016 | S | 60,000 | $12.121 | D | 486,397 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $9.208 | Dec 12, 2016 | M | 60,000 | D | Mar 5, 2008 | Mar 5, 2017 | Common | 60,000 | 0 | D |
Explanation of responses
- F1This transaction was made pursuant to the Reporting Person's existing Rule 10b5-1 plan (i.e. a stock trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended).
- F2This disposition transaction was executed in multiple trades at pricing ranging from $12.00 to $12.23. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.