SEC Form 4 · accession 0001225208-18-003418
ON SEMICONDUCTOR CORP · ON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Atsushi Abe
Director
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 5:52 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 |
|---|---|---|---|---|---|---|---|---|
| Common | Feb 15, 2018 | M | 20,000 | $10.71 | A | 154,913 | D | |
| CommonF1 | Feb 15, 2018 | S | 20,000 | $22.5318 | D | 134,913 | 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 BuyF2 | $10.71 | Feb 15, 2018 | M | 20,000 | D | Mar 7, 2012 | Mar 7, 2018 | Common | 20,000 | 0 | D |
Explanation of responses
- F1This disposition transaction was executed in multiple trades at prices ranging from $22.53 to $22.545. 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.
- F2On March 7, 2011, the Reporting Person was awarded a stock option (the "Option") to acquire 20,000 shares (the "Shares") of the Issuer's common stock. Pursuant to the terms of the Option, 33 1/3% of the Shares became exercisable on March 7, 2012, an additional 33 1/3% of the Shares became exercisable on March 7, 2013, and the remaining 33 1/3% of the Shares became exercisable on March 7, 2014.