ON SEMICONDUCTOR CORP — Director's Dealing 2015

Feb 19, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ON SEMICONDUCTOR CORP (ONNN)
CIK: 0001097864
Period of Report: 2015-02-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-17	Common	M	15000.0000	$8.4000	Acquired	239325.0000	Direct
2015-02-17	Common	S	15000.0000	$12.0000	Disposed	224325.0000	Direct
2015-02-18	Common	M	25000.0000	$9.2080	Acquired	249325.0000	Direct
2015-02-18	Common	S	25000.0000	$12.2000	Disposed	224325.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-17	Stock Option - Right to Buy	$8.4000	M	15000.0000	Disposed	2019-03-05	Common (15000.0000)	Direct
2015-02-18	Stock Option (right to buy)	$9.2080	M	25000.0000	Disposed	2017-03-05	Common (25000.0000)	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).