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MAGNACHIP SEMICONDUCTOR Corp — Director's Dealing 2024
Jun 13, 2024
34102_dirs_2024-06-13_07e3efed-2fc8-4e2f-8b69-6a3fbbb68ec7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MAGNACHIP SEMICONDUCTOR Corp (MX)
CIK: 0001325702
Period of Report: 2024-06-01
Reporting Person: Kim Young-Joon (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-01 | Common Stock | A | 133000 | $0.00 | Acquired | 657923 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-01 | Performance-Based Restricted Stock Units | $ | A | 267000 | Acquired | 2027-01-31 | Common Stock (267000) | Direct |
Footnotes
F1: Each Performance-Based Restricted Stock Unit ("PRSU") represents a contingent right to receive one share of Issuer's common stock.
F2: 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 ranges 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.