SEC Form 4 · accession 0001209191-17-013298
ONTO INNOVATION INC. · ONTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rollin Kocher
Officer — SVP, Commercial Operations
Period of report
Feb 21, 2017
Accepted (ET)
Feb 22, 2017 · 4:39 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 Stock | Feb 21, 2017 | M | 312 | $14.34 | A | 34,029 | D | |
| Common StockF2 | Feb 21, 2017 | S | 4,482 | $27.97 | D | 29,547 | 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 | Feb 21, 2017 | M | 312 | D | — | May 20, 2020 | Common Stock | 312 | 313 | D |
Explanation of responses
- F1Transaction pursuant to Rule 10b5-1 Plan adopted November 11, 2016.
- F2The price in Column 4 is a weighted average sale price. The prices actually received ranged from $27.60 to $28.00. 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.
- F3Options vest 25% on May 20, 2014 and 1/48th of the total number of shares granted monthly thereafter.