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MAGNACHIP SEMICONDUCTOR Corp — Director's Dealing 2024
Jul 11, 2024
34102_dirs_2024-07-11_d63ab6ab-01a3-4bd1-b61c-c4aac7de50d0.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: MAGNACHIP SEMICONDUCTOR Corp (MX)
CIK: 0001325702
Period of Report: 2024-06-01
Reporting Person: Lee Seunghoon (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-01 | Common Stock | A | 30000 | $0.00 | Acquired | 111833 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-01 | Performance-Based Restricted Stock Units | $ | A | 9000 | Acquired | 2027-01-31 | Common Stock (9000) | Direct |
Footnotes
F1: On June 13, 2024, the Reporting Person filed a Form 4 which inadvertently reported in error that 121,314 shares of common stock of the Issuer were beneficially held by the Reporting Person. This Form 4 is amended to reflect that 111,833 shares of common stock of the Issuer were beneficially held by the Reporting Person.
F2: Each Performance-Based Restricted Stock Units ("PRSUs") represents a contingent right to receive one share of Issuer's common stock.
F3: Reflects a number of shares of Issuer common stock that the Reporting Person would receive upon vesting and settlement of the PRSUs at the target level of performance, provided that the actual number of PRSUs that would become eligible to vest range from 0% to 300% of the target number of PRSUs based on actual achievement. The PRSUs vest upon Issuer's common stock achieving a specified price per share.