JACKSON KEITH D 4
4 · ON SEMICONDUCTOR CORP · Filed Feb 13, 2020
Insider Transaction Report
Form 4
JACKSON KEITH D
DirectorCEO & Pres.
Transactions
- Gift
Common
2019-12-03+350,000→ 350,000 total(indirect: By Jackson 5, LP) - Gift
Common
2019-12-31−97,494→ 350,000 total(indirect: By Jackson 5, LP) - Gift
Common
2019-12-03−350,000→ 3,066,828 total
Footnotes (2)
- [F1]The reporting person transferred these shares to Jackson 5, LP, a family limited partnership of which (i) a limited liability company in which the reporting person and his spouse are the sole members serves as the sole general partner and holder of approximately 1% of the partnership interests, and (ii) the sole limited partners were (a) with respect to approximately 97% of the partnership interests, certain entities controlled by, and for the benefit of, the reporting person and his spouse, and (b) with respect to approximately 2% of the partnership interests, the reporting person's three adult children. The reporting person disclaims beneficial ownership of the shares of ON Semiconductor common stock held by Jackson 5, LP, except to the extent of his pecuniary interest therein.
- [F2]Represents separate gifts of limited partnership interests in Jackson 5, LP to three trusts for the benefit of the reporting person's adult children. Each gift represented a 9.2851% interest in Jackson 5, LP. The limited liability company in which the reporting person and his spouse are the sole members continues to serve as the sole general partner of Jackson 5, LP. The reporting person disclaims beneficiary ownership of the shares of ON Semiconductor common stock held by Jackson 5, LP, except to the extent of his pecuniary interest therein.