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ONTO INNOVATION INC. — Director's Dealing 2021
Feb 11, 2021
30874_dirs_2021-02-10_fb04545a-9b16-48e3-ace7-9f7b5fde42d4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ONTO INNOVATION INC. (ONTO)
CIK: 0000704532
Period of Report: 2021-02-08
Reporting Person: Heidrich Kevin (Sr. Vice President, Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-08 | Common Stock | A | 2484 | — | Acquired | 41749 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-08 | Performance Stock Unit | $ | A | 1242 | Acquired | 2023-02-08 | Common Stock (1242) | Direct |
| 2021-02-08 | Performance Stock Unit | $ | A | 1241 | Acquired | 2024-02-08 | Common Stock (1241) | 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: 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.