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ONTO INNOVATION INC. Director's Dealing 2020

Oct 16, 2020

30874_dirs_2020-10-16_8660c9fd-db23-4d74-a3cf-5aa545261321.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: ONTO INNOVATION INC. (ONTO)
CIK: 0000704532
Period of Report: 2020-02-06

Reporting Person: Plisinski Michael P (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-06 Common Stock F 2760 $41.47 Disposed 291485 Direct
2020-02-06 Common Stock F 2910 $41.47 Disposed 288575 Direct
2020-02-07 Common Stock A 31210 $0.0 Acquired 319785 Direct
2020-02-08 Common Stock F 2730 $38.45 Disposed 317055 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-07 Performance Stock Unit $ A 15605 Acquired 2022-02-07 Common Stock (15605) Direct
2020-02-07 Performance Stock Unit $ A 15604 Acquired 2023-02-07 Common Stock (15604) Direct

Footnotes

F1: The purpose of this amendment is to correct an administrative error in the previously reported amount of shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units (RSUs). This amendment supersedes the amendment filed on February 11, 2020.

F2: Shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of ONTO common stock. The RSUs vest on an annual basis, in equal 1/3rd increments, over a three-year period from the award date.

F3: Shares are represented by performance stock units (PSUs). Each PSU represents a contingent right to receive one share of ONTO common stock. The number of PSUs reported represents the target number of PSUs under the award. The number of PSUs that vest, if any, may vary from 0% to 200% of the target number shown, and is based on specific performance criteria from the award date through the expiration date.