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ONTO INNOVATION INC. Director's Dealing 2020

Feb 12, 2020

30874_dirs_2020-02-11_5458dece-2a5a-4d99-aad0-22c965437f0e.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: 2020-02-07

Reporting Person: Kocher Rollin (Senior VP, Field Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-07 Common Stock A 6827 $0.0 Acquired 64241 Direct
2020-02-08 Common Stock F 1516 $38.45 Disposed 62725 Direct
2020-02-08 Common Stock F 446 $38.45 Disposed 62279 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-07 Performance Stock Unit $ A 3414 Acquired 2022-02-07 Common Stock (3414) Direct
2020-02-07 Performance Stock Unit $ A 3413 Acquired 2023-02-07 Common Stock (3413) Direct

Footnotes

F1: 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.

F2: Represents shares withheld by Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock unit grants previously received by the Reporting Person.

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.