Equity awards and tax withholding reported by Onto Innovation (ONTO) EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Onto Innovation Inc. executive vice president Ido Dolev reported routine equity compensation and related tax withholding. On March 2, he received a grant of 3,440 shares of common stock and two performance stock unit awards of 1,720 units each, all at a stated price of $0.00 per unit. The performance stock units represent target awards that may ultimately vest between 0% and 200% based on performance criteria. On March 3, 819 shares of common stock valued at $207.50 per share were withheld to cover tax obligations tied to previously granted restricted or performance stock units, leaving him with 26,536 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Dolev Ido
Role
EVP, Prod Solutions Grp
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 819 | $207.50 | $170K |
| Grant/Award | Performance Stock Unit | 1,720 | $0.00 | -- |
| Grant/Award | Performance Stock Unit | 1,720 | $0.00 | -- |
| Grant/Award | Common Stock | 3,440 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,536 shares (Direct);
Performance Stock Unit — 1,720 shares (Direct)
Footnotes (1)
- 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. 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. 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
What insider transactions did ONTO EVP Ido Dolev report on this Form 4?
Ido Dolev reported equity awards and tax withholding transactions. He received 3,440 common shares and 3,440 target performance stock units, then had 819 common shares withheld to satisfy tax obligations from prior RSU or PSU vesting events.
What performance stock units did the ONTO executive receive in this filing?
He was granted two performance stock unit awards of 1,720 units each, for a total of 3,440 target PSUs. Each PSU can settle into one Onto Innovation share, with actual vesting between 0% and 200% based on specified performance criteria.