SEC Form 4 · accession 0001209191-16-116486
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
Apr 27, 2016
Accepted (ET)
Apr 29, 2016 · 4:39 pm EDT
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 Stock | Apr 27, 2016 | M | 5,000 | $14.34 | A | 49,560 | D | |
| Common StockF2 | Apr 27, 2016 | S | 5,000 | $18.15 | D | 44,560 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F3 | $14.34 | Apr 27, 2016 | M | 5,000 | D | — | May 20, 2020 | Common Stock | 5,000 | 2,500 | D |
Explanation of responses
- F1Transaction pursuant to Rule 10b5-1 Plan adopted June 12, 2015.
- F2The price in Column 4 is a weighted average sale price. The prices actually received ranged from $18.00 to $18.30. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3One forty-eighth (1/48th) of the shares shall vest and become exercisable in equal monthly installments starting on the monthly anniversary of the date of grant of October 10, 2012.