GUTMANN BERNARD 4
4 · ON SEMICONDUCTOR CORP · Filed Oct 2, 2019
Insider Transaction Report
Form 4
GUTMANN BERNARD
Exec VP & CFO
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2019-09-30−43,266→ 0 totalExercise: $6.13From: 2013-10-01Exp: 2019-10-01→ Common (43,266 underlying) - Exercise/Conversion
Common
2019-09-30$6.13/sh+43,266$265,004→ 700,344 total - Sale
Common
2019-09-30$18.79/sh−43,266$813,115→ 657,078 total
Footnotes (3)
- [F1]This transaction was made pursuant to the Reporting Person's existing Rule 10b5-1 plan (i.e., a stock trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended).
- [F2]This disposition transaction was executed in multiple trades at prices ranging from $18.66 to $18.87. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F3]On October 1, 2012, the Reporting Person was awarded an employee stock option (the "Option") to acquire 163,266 shares (the "Option Shares") of the Issuer's common stock, including the underlying securities reported in Table II of this Form 4. Pursuant to the terms of the Option, 25% of the Option Shares became exercisable on October 1, 2013, and the remaining 75% of the Option Shares became exercisable in equal, annual installments thereafter until October 1, 2016, at which time all remaining Option Shares became fully exercisable.