Vedula Srinivas 4
4 · ONTO INNOVATION INC. · Filed Mar 5, 2025
Insider Transaction Report
Form 4
Vedula Srinivas
SVP, Customer Success
Transactions
- Award
Common Stock
2025-03-03+2,574→ 18,730 total - Award
Performance Stock Unit
2025-03-03+1,287→ 1,287 totalExp: 2027-03-03→ Common Stock (1,287 underlying) - Award
Performance Stock Unit
2025-03-03+1,286→ 1,286 totalExp: 2028-03-03→ Common Stock (1,286 underlying)
Footnotes (2)
- [F1]The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one (1) share of ONTO Common Stock. The RSUs vest on an annual basis, in equal 1/3rd increments, over a three-year period from the award date.
- [F2]The Reporting Person was granted performance stock units ("PSUs"), each of which represents a contingent right to receive one share of ONTO common stock. The number of PSUs reported represents the target number of PSUs under the award. The number of PSUs that vest, if any, may vary from 0% to 200% of the target number shown, and is based on specific performance criteria from the award date through the expiration date.