NELSON WILLIAM JOHN 4
4 · ON SEMICONDUCTOR CORP · Filed Mar 7, 2012
Insider Transaction Report
Form 4
NELSON WILLIAM JOHN
Exec VP & COO
Transactions
- Award
Common
2012-03-05+95,238→ 641,961 total - Award
Stock Option (right to buy)
2012-03-05+190,477→ 190,477 totalExercise: $8.40From: 2013-03-05Exp: 2022-03-05→ Common (190,477 underlying)
Footnotes (2)
- [F1]On February 16, 2012, the Compensation Committee of the Board of Directors awarded these restricted stock units to the Reporting Person under the Issuer's Amended and Restated Stock Incentive Plan ("Plan"), with an effective grant date of March 5, 2012 and with equal pro rata vesting over a 3-year period beginning on the first anniversary of the grant date, subject to the terms and conditions of the Plan and the relevant award agreement. This award may only be settled in shares of the Issuer's common stock upon vesting. The award was for no consideration other than service as an executive officer of the Issuer.
- [F2]On February 16, 2012, the Compensation Committee of the Board of Directors granted this stock option to the Reporting Person under the Issuer's Amended and Restated Stock Incentive Plan ("Plan"), with an effective grant date of March 5, 2012. The stock option will vest over a 4-year period beginning on the first anniversary of the grant date at a rate of 25% and thereafter on a quarterly basis at a rate of 6.25%, subject to the terms and conditions of the Plan and the related option agreement. The exercise price is the closing price on the grant date. This award was for no consideration other than service as an executive officer of the Issuer.