Filing Details
- Accession Number:
- 0001225208-10-006384
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-03-01 12:00:00
- Reporting Period:
- 2010-02-25
- Filing Date:
- 2010-03-01
- Accepted Time:
- 2010-03-01 19:19:01
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1097864 | On Semiconductor Corp | ONNN | Semiconductors & Related Devices (3674) | 363840979 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1228888 | A Donald Colvin | 5005 East Mcdowell Road Phoenix AZ 85008 | Exec Vp & Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common | Acquisiton | 2010-02-25 | 75,059 | $7.99 | 520,201 | No | 4 | A | Direct | |
| Common | Disposition | 2010-02-25 | 24,056 | $7.99 | 496,145 | No | 4 | F | Direct | |
| Common | Disposition | 2010-03-01 | 10,000 | $8.11 | 486,145 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Footnotes
- This transaction reports the acquisition, effective February 25, 2010, of 75,059 shares of common stock resulting from the attainment of a performance goal under an earlier Performance Based Restricted Stock Units Award ("PBRSU Award"), as described more below. The Compensation Committee of the Issuer originally awarded 900,707 PBRSUs to the Reporting Person with an effective grant date of March 2, 2009 subject to the Issuers 2000 Stock Incentive Plan and a related award agreement. The PBRSU Award will vest, generally, over a three-year (twelve quarter) period but only upon the Issuer achieving certain adjusted non-GAAP earnings before interest, taxes, depreciation and amortization ("EBITDA") base and target performance measurements as set forth in the PBRSU Award agreement.
- This transaction reports the disposition of shares of common stock withheld by the Issuer in connection with the vesting of the PBRSU Award explained in (1) above. This withholding is pursuant to the related award agreement in order to satisfy the Reporting Person's tax obligations due upon the vesting of the units. The Issuer will pay the taxes on behalf of the Reporting Person.
- 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).
Billionaire Hedge Funds
