SEC Form 4 · accession 0001209191-19-013046
ONTO INNOVATION INC. · ONTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pierre-Yves Lesaicherre
Officer — President and CEO · Director
Period of report
Feb 23, 2019
Accepted (ET)
Feb 25, 2019 · 5:05 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 23, 2019 | M | 12,831 | $0.00 | A | 92,107 | D | |
| Common Stock | Feb 23, 2019 | F | 7,468 | $29.59 | D | 84,639 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF1 | — | Feb 23, 2019 | M | 12,831 | D | — | Feb 23, 2021 | Common Stock | 12,831 | 25,662 | D |
Explanation of responses
- F1Shares are represented by performance stock units. Each performance stock unit represents a contingent right to receive one share of NANO common stock. The performance stock units vest in equal target increments, on February 23 in 2019, 2020 and 2021, provided that certain price performance targets are met.