0001225208-16-037703.txt : 20160810
0001225208-16-037703.hdr.sgml : 20160810
20160810164248
ACCESSION NUMBER: 0001225208-16-037703
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160808
FILED AS OF DATE: 20160810
DATE AS OF CHANGE: 20160810
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ON SEMICONDUCTOR CORP
CENTRAL INDEX KEY: 0001097864
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 363840979
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5005 EAST MCDOWELL ROAD
CITY: PHOENIX
STATE: AZ
ZIP: 85008
BUSINESS PHONE: 6022446600
MAIL ADDRESS:
STREET 1: 5005 EAST MCDOWELL ROAD
CITY: PHOENIX
STATE: AZ
ZIP: 85008
FORMER COMPANY:
FORMER CONFORMED NAME: SCG HOLDING CORP
DATE OF NAME CHANGE: 19991027
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rolls Paul E
CENTRAL INDEX KEY: 0001482082
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30419
FILM NUMBER: 161821974
MAIL ADDRESS:
STREET 1: C/O ON SEMICONDUCTOR
STREET 2: 5005 E MCDOWELL RD MD A700
CITY: PHOENIX
STATE: AZ
ZIP: 85008
4
1
doc4.xml
X0306
4
2016-08-08
0001097864
ON SEMICONDUCTOR CORP
ON
0001482082
Rolls Paul E
5005 EAST MCDOWELL ROAD
PHOENIX
AZ
85008
1
Exec VP Sales & Marketing
Common
2016-08-08
4
A
0
29056.0000
0.0000
A
266917.0000
D
Common
2016-08-08
4
F
0
4715.0000
10.1100
D
262202.0000
D
This Form 4 reports the acquisition on August 8, 2016 of 29,056 units from the attainment of a performance goal under an earlier Performance Based Restricted Stock Units (PBRSU) Award. The original award of 43,694 PBRSUs to the Reporting Person was made on March 2, 2015 (the "2015 PBRSU Award"). The 2015 PBRSU Award covered a performance period of six consecutive fiscal quarters beginning with the quarter commencing January 1, 2015 (the "Performance Measurement Period"), and the number of shares eligible for vesting was based upon the Issuer achieving certain adjusted non-GAAP EBITDA. Based on the determined achievement of the adjusted non-GAAP EBITDA metric for the Performance Measurement Period, the acquired units will vest in two equal tranches, with the first tranche having vested on August 8, 2016.
This disposition transaction represents shares withheld by the Issuer pursuant to the Reporting Person's 2015 PBRSU Award and related award agreements. On August 8, 2016, certain of these units vested. The 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.
Mark N. Rogers, Attorney-in-Fact
2016-08-10