SEC Form 4 · accession 0001225208-17-010991
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
Jun 5, 2017
Accepted (ET)
Jun 7, 2017 · 6:32 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 | Jun 5, 2017 | M | 10,000 | $6.46 | A | 270,101 | D | |
| CommonF1 | Jun 5, 2017 | S | 10,000 | $16.00 | 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)F2 | $6.46 | Jun 5, 2017 | M | 10,000 | D | Nov 5, 2013 | Nov 5, 2019 | Common | 10,000 | 10,000 | 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).
- F2On 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, annual installments thereafter until November 5, 2016, at which time all remaining Shares under the Option became fully exercisable.