JACKSON KEITH D 4
4 · ON SEMICONDUCTOR CORP · Filed Mar 6, 2020
Insider Transaction Report
Form 4
JACKSON KEITH D
DirectorCEO & Pres.
Transactions
- Tax Payment
Common
2020-03-04$18.73/sh−16,223$303,857→ 3,183,728 total - Tax Payment
Common
2020-03-05$17.83/sh−18,173$324,025→ 3,165,555 total
Holdings
- 350,000(indirect: By Jackson 5, LP)
Common
Footnotes (3)
- [F1]This disposition transaction represents shares withheld by the Issuer in connection with the Reporting Person's 2019 restricted stock units award granted pursuant to the Issuer's Amended and Restated Stock Incentive Plan and related award agreement. On March 4, 2020, certain of these units vested. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
- [F2]This disposition transaction represents shares withheld by the Issuer in connection with the Reporting Person's 2018 restricted stock units award granted pursuant to the Issuer's Amended and Restated Stock Incentive Plan and related award agreement. On March 5, 2020, certain of these units vested. These shares were withheld to satisfy the Reporting Person's tax withholding obligations. The Issuer will pay these taxes on behalf of the Reporting Person.
- [F3]The limited liability company in which the reporting person and his spouse are the sole members serves as the sole general partner of Jackson 5, LP. 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.