ON SEMICONDUCTOR CORP — Director's Dealing 2014

Dec 8, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ON SEMICONDUCTOR CORP (ONNN)
CIK: 0001097864
Period of Report: 2014-12-04

Reporting Person: CAVE GEORGE H (SVP, Gen Cnsl, CC&EO, & Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-04	Common	M	15000.0000	$5.9300	Acquired	273825.0000	Direct
2014-12-04	Common	S	5000.0000	$9.9500	Disposed	268825.0000	Direct
2014-12-04	Common	D	15000.0000	$10.0000	Disposed	253825.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-04	Stock Option (right to buy)	$5.9300	M	15000.0000	Disposed	2018-03-03	Common (15000.0000)	Direct

Footnotes

F1: This transaction was made pursuant to the Reporting Person's existing Rule 10b5-1 plan (i.e. a stock trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended).