SEC Form 4 · accession 0001209191-16-102148
ONTO INNOVATION INC. · ONTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanislaw M. Borowicz
Officer — Senior VP, Sales
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 9:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000704532
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 22, 2016 | A | 25,000 | $0.00 | A | 47,627 | D | |
| Common Stock | Feb 24, 2016 | F | 1,313 | $13.70 | D | 46,314 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of NANO common stock. The restricted stock units vest on an annual basis, in equal 1/3rd increments, over a three-year period from the award date.