SEC Form 4 · accession 0001225208-17-007559
ON SEMICONDUCTOR CORP · ON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul E Rolls
Officer — Exec VP Sales & Marketing
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 7:20 pm EDT
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,F2 | Mar 31, 2017 | M | 3,219 | $6.46 | A | 263,320 | D | |
| CommonF1 | Mar 31, 2017 | S | 3,219 | $15.50 | D | 260,101 | 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)F3 | $6.46 | Mar 31, 2017 | M | 3,219 | D | Nov 5, 2013 | Nov 5, 2019 | Common | 3,219 | 20,000 | 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).
- F2Includes an aggregate of 490 shares acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan for the quarter ended March 31, 2017.
- F3On November 5, 2012, the Reporting Person was awarded an employee stock option (the "Option") to acquire 92,879 shares (the "Shares") of the Issuer's common stock, including the underlying securities reported in Table II of this Form 4. Pursuant to the terms of the Option, 25% of the Shares became exercisable on November 5, 2013 and the remaining 75% of the Shares became exercisable in equal, quarterly installments thereafter until November 5, 2016, at which time all remaining Shares under the Option became fully exercisable.