secwatch.observer — SEC 8-K summary
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Issuer:     ON SEMICONDUCTOR CORP (ON)
CIK:        0001097864
Form:       8-K/A
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001193125-23-057348
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ON Semiconductor files hedge and warrant confirmations for 0.50% convertible notes due 2029
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- Amendment adds Exhibits 10.1 and 10.2, forms of convertible note hedge and warrant confirmations.
- Hedge and warrant transactions relate to $0.50% Convertible Senior Notes due 2029 issued Feb 2023.
- Call option hedges allow ON to purchase shares at strike price to offset dilution from note conversion.
- Warrant confirmations detail separate equity derivative instruments tied to the same notes.
- Filing corrects printer error that omitted these exhibits from the original 8-K filed March 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1097864/000119312523057348/0001193125-23-057348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1097864/000119312523057348/d453477d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-057348

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer