MAGNACHIP SEMICONDUCTOR Corp — Director's Dealing 2022

Sep 1, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MAGNACHIP SEMICONDUCTOR Corp (MX)
CIK: 0001325702
Period of Report: 2022-08-31

Reporting Person: Chung Kyo-Hwa Liz (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-31	Common Stock	D	4069	$11.70	Disposed	25391	Direct
2022-08-31	Common Stock	D	155	$11.70	Disposed	25236	Direct

Footnotes

F1: This transaction represents the cash settlement of 4,069 shares of common stock underlying an RSU award granted to the Reporting Person on August 31, 2021 and reported at that time as common stock in Table I. The Board amended the RSU award on May 27, 2022 to allow for a limited cash settlement of such number of shares of common stock having a fair market value equal to, but not to exceed, the foreign tax obligation incurred by the Reporting Person upon vesting of the RSUs. 4,069 shares were cash settled at a price of $11.70 per share for an aggregate cash settlement of $47,607.30, which amount is approximately equal to (based on applicable foreign exchange rates), but does not exceed, the foreign tax obligation of the Reporting Person.

F2: This transaction represents the cash settlement of 155 shares of common stock underlying an RSU award granted to the Reporting Person on January 18, 2022 and reported at that time as common stock in Table I. The Board amended the RSU award on May 27, 2022 to allow for a limited cash settlement of such number of shares of common stock having a fair market value equal to, but not to exceed, the foreign tax obligation incurred by the Reporting Person upon vesting of the RSUs. 155 shares were cash settled at a price of $11.70 per share for an aggregate cash settlement of $1,813.50, which amount is approximately equal to (based on applicable foreign exchange rates), but does not exceed, the foreign tax obligation of the Reporting Person.