Filing Details

Accession Number:
0001225208-11-024445
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-07 17:08:58
Reporting Period:
2011-11-03
Filing Date:
2011-11-07
Accepted Time:
2011-11-07 17:08:58
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
1368095 Charles Robert Mahoney 5005 East Mcdowell Road
Phoenix AZ 85008
Exec Vp Sales & Marketing 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 2011-11-03 58,478 $7.79 173,744 No 4 A Direct
Common Disposition 2011-11-03 24,298 $7.79 149,446 No 4 F Direct
Common Acquisiton 2011-11-04 12,500 $5.93 161,946 No 4 M Direct
Common Disposition 2011-11-04 12,500 $8.05 149,446 No 4 S Direct
Common Disposition 2011-11-04 25,000 $8.04 124,446 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option (right to buy) Disposition 2011-11-04 12,500 $5.93 12,500 $5.93
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
22,500 2009-03-03 2018-03-03 No 4 M Direct
Footnotes
  1. This transaction reports the acquisition, effective November 3, 2011, of 58,478 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 701,740 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.
  2. This disposition transaction represents shares withheld by the Issuer pursuant to the Reporting Person's March 2, 2009 PBRSU award. On November 3, 2011, certain of these units vested. These shares were withheld to satisfy the Reporting Person's withholding obligations for various taxes and similar items. The Issuer will pay these taxes on behalf of the Reporting Person.
  3. This disposition transaction was executed in multiple trades at prices ranging from $8.04 to $8.05. 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.
  4. This disposition transaction was executed in multiple trades at prices ranging from $8.03 to $8.05. 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.