ON SEMICONDUCTOR CORP 4
4 · ON SEMICONDUCTOR CORP · Filed Feb 14, 2005
Insider Transaction Report
Form 4
SIMS LARRY W
Senior Vice President
Transactions
- Award
Stock Options (Right to Buy)
2005-02-10+100,000→ 100,000 totalExercise: $4.40From: 2006-02-10Exp: 2015-02-10→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]Granted effective 2-10-05 under the Issuer's 2000 Stock Incentive Plan. This is a performance based stock option grant. The stock option will vest 25% on each of the first through fourth anniversaries of the grant date, subject to continued employment with the Issuer, and other terms and conditions of the plan and the related stock option agreement, however, the unvested portion of the option would accelerate and become fully exercisable upon the Reporting Person meeting individual performance measurements specified within his related performance based stock option agreement. The exercise price is the closing price on the grant date.