SEC Form 4 · accession 0001209191-16-117579
ONTO INNOVATION INC. · ONTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce C Rhine
Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 7:31 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 | May 2, 2016 | M | 7,850 | $8.89 | A | 814,686 | D | |
| Common Stock | May 2, 2016 | M | 5,164 | $8.89 | A | 819,850 | D | |
| Common StockF2 | May 2, 2016 | S | 13,014 | $17.85 | D | 806,836 | D | |
| Common Stock | holding | — | — | — | 1,428 | I | By spouse |
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,F4 | $8.89 | May 2, 2016 | M | 7,850 | D | — | Jul 24, 2016 | Common Stock | 7,850 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3,F4 | $8.89 | May 2, 2016 | M | 5,164 | D | — | Jul 24, 2016 | Common Stock | 5,164 | 0 | D |
Explanation of responses
- F1Transaction pursuant to Rule 10b5-1 Plan adopted February 17, 2015.
- F2The price in Column 4 is a weighted average sale price. The prices actually received ranged from $17.70 to $18.10. 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.
- F3Fully vested.
- F4The acquisition of the reported option was reported in a Form 4 filed on July 26, 2006 which mistakenly reported the expiration date as July 24, 2013.