ONTO executive gets stock awards, shares withheld
ONTO Innovation senior vice president and general counsel Yoon Ah Oh received equity awards and had shares withheld for taxes.
Rhea-AI Filing Summary
ONTO Innovation senior vice president and general counsel Yoon Ah Oh received equity awards and had shares withheld for taxes. On March 2, she was granted 2,408 shares of common stock as restricted stock units that vest in equal one-third installments over three years, plus two performance stock unit awards of 1,204 units each, with actual vesting between 0% and 200% of the target amount based on performance criteria. On March 3, 417 common shares were withheld at $207.50 per share to satisfy tax withholding obligations tied to previously granted RSU or PSU awards, leaving her with 21,640 common shares directly owned afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 417 | $207.50 | $87K |
| Grant/Award | Performance Stock Unit | 1,204 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Unit | 1,204 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,408 | $0.00 | $0.00 |
Footnotes (3)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one (1) 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 or performance stock unit grants previously received by the Reporting Person.
- F3. The Reporting Person was granted performance stock units ("PSUs"), each of which 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did ONTO (ONTO) executive Yoon Ah Oh receive?
How do the new ONTO (ONTO) restricted stock units vest for Yoon Ah Oh?
How are ONTO (ONTO) performance stock units for Yoon Ah Oh structured?
Do the ONTO (ONTO) Form 4 transactions indicate open-market buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.