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The prices actually received ranged from $42.67 to $42.78. 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The prices actually received ranged from $41.67 to $42.64. 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The prices actually received ranged from $41.34 to $42.15. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range."}],"balance_after":271221,"source":{"system":"sec-edgar","filing":"0001209191-18-046091","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118046091/doc4.xml","form_type":"4"}},{"id":3849100,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-08-09T22:41:25.000Z","date":"2018-08-08","kind":"exercise","acquired":true,"shares":10000,"price":19.03,"value":190300.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"Transaction pursuant to Rule 10b5-1 Plan adopted May 3, 2018."}],"balance_after":281221,"source":{"system":"sec-edgar","filing":"0001209191-18-046091","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118046091/doc4.xml","form_type":"4"}},{"id":3849099,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-08-09T22:41:25.000Z","date":"2018-08-07","kind":"sale","acquired":false,"shares":600,"price":42.58,"value":25548.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"Transaction pursuant to Rule 10b5-1 Plan adopted May 3, 2018."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price in Column 4 is a weighted average sale price. 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Each restricted stock unit represents a contingent right to receive one share of NANO common stock.  The restricted stock units vest the sooner of May 22, 2019 or the next annual shareholder's meeting."}],"balance_after":271221,"source":{"system":"sec-edgar","filing":"0001209191-18-033183","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118033183/doc4.xml","form_type":"4"}},{"id":3943562,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-05-08T21:59:29.000Z","date":"2018-05-08","kind":"sale","acquired":false,"shares":15000,"price":35.65,"value":534750.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price in Column 4 is a weighted average sale price. The prices actually received ranged from $35.36 to $36.01. 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The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range."}],"balance_after":322087,"source":{"system":"sec-edgar","filing":"0001209191-18-018364","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118018364/doc4.xml","form_type":"4"}},{"id":4006902,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-03-09T01:53:21.000Z","date":"2018-03-07","kind":"sale","acquired":false,"shares":5200,"price":28.05,"value":145860.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price in Column 4 is a weighted average sale price. 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The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range."}],"balance_after":326887,"source":{"system":"sec-edgar","filing":"0001209191-18-018364","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118018364/doc4.xml","form_type":"4"}},{"id":4006901,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-03-09T01:53:21.000Z","date":"2018-03-06","kind":"sale","acquired":false,"shares":10000,"price":27.32,"value":273200.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price in Column 4 is a weighted average sale price. The prices actually received ranged from $26.77 to $27.59. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range."}],"balance_after":332087,"source":{"system":"sec-edgar","filing":"0001209191-18-018364","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118018364/doc4.xml","form_type":"4"}},{"id":4012962,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-03-06T22:44:47.000Z","date":"2018-03-05","kind":"sale","acquired":false,"shares":10000,"price":26.52,"value":265200.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The price in Column 4 is a weighted average sale price. The prices actually received ranged from $26.16 to $26.84. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range."}],"balance_after":342087,"source":{"system":"sec-edgar","filing":"0001209191-18-017400","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118017400/doc4.xml","form_type":"4"}},{"id":4012961,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-03-06T22:44:47.000Z","date":"2018-03-02","kind":"sale","acquired":false,"shares":10000,"price":26.44,"value":264400.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The price in Column 4 is a weighted average sale price. The prices actually received ranged from $25.89 to $26.66. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range."}],"balance_after":352087,"source":{"system":"sec-edgar","filing":"0001209191-18-017400","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118017400/doc4.xml","form_type":"4"}},{"id":4035634,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Performance Stock Unit","published_at":"2018-02-26T21:59:36.000Z","date":"2018-02-23","kind":"exercise","acquired":false,"shares":20000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of NANO common stock. The restricted stock units vest on an annual basis, in equal 1/3rd increments, over a three-year period from the award date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Shares are represented by performance stock units. Each performance stock unit represents a contingent right to receive one share of NANO common stock. The performance stock units vest on an annual basis, in equal 1/3rd target increments, over a three-year period, provided that certain price performance targets are met. 2/3rds will vest for each increment if target price performance is met for that increment and 100% will vest if maximum price performance is met for that increment."}],"balance_after":10667,"derivative":{"expiration_date":"2018-02-24","underlying":"Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0001209191-18-013409","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118013409/doc4.xml","form_type":"4"}},{"id":4035633,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Performance Stock Units","published_at":"2018-02-26T21:59:36.000Z","date":"2018-02-22","kind":"exercise","acquired":false,"shares":22500,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares are represented by performance stock units, each of which represents a contingent right to receive one share of NANO common stock. Of these performance stock units, performance stock units covering 22,500 shares converted into restricted stock units to acquire 15,000 shares, which will vest as set forth in note (1) above, and are reflected on Table I.  The remaining performance stock units covering 22,500 shares will vest on February 22, 2018, provided that certain price performance targets are met. 2/3rds will vest if target price performance is met, and 100% will vest if maximum price performance is met."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Shares are represented by performance stock units. Each performance stock unit represents a contingent right to receive one share of NANO common stock. The performance stock units vest on an annual basis, in equal 1/3rd target increments, over a three-year period, provided that certain price performance targets are met. 2/3rds will vest for each increment if target price performance is met for that increment and 100% will vest if maximum price performance is met for that increment."}],"balance_after":22500,"derivative":{"expiration_date":"2029-02-22","underlying":"Common Stock","underlying_shares":22500},"source":{"system":"sec-edgar","filing":"0001209191-18-013409","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118013409/doc4.xml","form_type":"4"}},{"id":4035632,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-02-26T21:59:36.000Z","date":"2018-02-23","kind":"exercise","acquired":true,"shares":20000,"price":0,"value":0.0,"ownership":{"direct":true},"balance_after":362087,"source":{"system":"sec-edgar","filing":"0001209191-18-013409","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118013409/doc4.xml","form_type":"4"}},{"id":4035631,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-02-26T21:59:36.000Z","date":"2018-02-22","kind":"exercise","acquired":true,"shares":22500,"price":0,"value":0.0,"ownership":{"direct":true},"balance_after":342087,"source":{"system":"sec-edgar","filing":"0001209191-18-013409","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118013409/doc4.xml","form_type":"4"}},{"id":4067155,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Performance Stock Units","published_at":"2018-02-13T02:23:05.000Z","date":"2018-02-08","kind":"exercise","acquired":false,"shares":4195,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Shares are represented by performance stock units, each of which represents a contingent right to receive one share of NANO common stock. Of these performance stock units, performance stock units covering 22,500 shares converted into restricted stock units to acquire 15,000 shares, which will vest as set forth in note (1) above, and are reflected on Table I.  The remaining performance stock units covering 22,500 shares will vest on February 22, 2018, provided that certain price performance targets are met. 2/3rds will vest if target price performance is met, and 100% will vest if maximum price performance is met."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Shares are represented by performance stock units. Each performance stock unit represents a contingent right to receive one share of NANO common stock. The performance stock units vest on an annual basis, in equal 1/3rd target increments, over a three-year period, provided that certain price performance targets are met. 2/3rds will vest for each increment if target price performance is met for that increment and 100% will vest if maximum price performance is met for that increment."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"Total reflects 9,055 shares forfeited due to performance measures having not been met."}],"balance_after":26500,"derivative":{"expiration_date":"2020-02-08","underlying":"Common Stock","underlying_shares":4195},"source":{"system":"sec-edgar","filing":"0001209191-18-009420","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118009420/doc4.xml","form_type":"4"}},{"id":4067154,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2018-02-13T02:23:05.000Z","date":"2018-02-08","kind":"exercise","acquired":true,"shares":4195,"price":0,"value":0.0,"ownership":{"direct":true},"balance_after":319587,"source":{"system":"sec-edgar","filing":"0001209191-18-009420","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919118009420/doc4.xml","form_type":"4"}},{"id":4150443,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Performance Stock Units","published_at":"2017-11-28T23:45:02.000Z","date":"2017-11-27","kind":"exercise","acquired":false,"shares":26500,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Shares are represented by performance stock units, each of which represents a contingent right to receive one share of NANO common stock. Of these performance stock units, performance stock units covering 26,500 shares converted into restricted stock units to acquire 17,666 shares, which will vest as set forth in note (2) above, and are reflected on Table I.  The remaining performance stock units covering 13,250 shares will vest on February 8, 2018, provided that certain price performance targets are met. 2/3rds will vest if target price performance is met, and 100% will vest if maximum price performance is met."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Shares are represented by performance stock units, each of which represents a contingent right to receive one share of NANO common stock. Of these performance stock units, performance stock units covering 26,500 shares converted into restricted stock units to acquire 17,666 shares, which will vest as set forth in note (2) above, and are reflected on Table I.  The remaining performance stock units covering 13,250 shares will vest on February 8, 2018, provided that certain price performance targets are met. 2/3rds will vest if target price performance is met, and 100% will vest if maximum price performance is met."}],"balance_after":13250,"derivative":{"expiration_date":"2020-02-08","underlying":"Common Stock","underlying_shares":26500},"source":{"system":"sec-edgar","filing":"0001209191-17-062741","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919117062741/doc4.xml","form_type":"4"}},{"id":4150442,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Performance Stock Units","published_at":"2017-11-28T23:45:02.000Z","date":"2017-11-27","kind":"exercise","acquired":false,"shares":22500,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Shares are represented by performance stock units, each of which represents a contingent right to receive one share of NANO common stock. Of these performance stock units, performance stock units covering 22,500 shares converted into restricted stock units to acquire 15,000 shares, which will vest as set forth in note (1) above, and are reflected on Table I.  The remaining performance stock units covering 22,500 shares will vest on February 22, 2018, provided that certain price performance targets are met. 2/3rds will vest if target price performance is met, and 100% will vest if maximum price performance is met."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Shares are represented by performance stock units, each of which represents a contingent right to receive one share of NANO common stock. Of these performance stock units, performance stock units covering 22,500 shares converted into restricted stock units to acquire 15,000 shares, which will vest as set forth in note (1) above, and are reflected on Table I.  The remaining performance stock units covering 22,500 shares will vest on February 22, 2018, provided that certain price performance targets are met. 2/3rds will vest if target price performance is met, and 100% will vest if maximum price performance is met."}],"balance_after":22500,"derivative":{"expiration_date":"2019-02-22","underlying":"Common Stock","underlying_shares":22500},"source":{"system":"sec-edgar","filing":"0001209191-17-062741","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919117062741/doc4.xml","form_type":"4"}},{"id":4150441,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2017-11-28T23:45:02.000Z","date":"2017-11-27","kind":"grant","acquired":true,"shares":2075,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F3","text":"Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of NANO common stock. The restricted stock units vest the sooner of May 23, 2018 or the next annual shareholder's meeting."}],"balance_after":315392,"source":{"system":"sec-edgar","filing":"0001209191-17-062741","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919117062741/doc4.xml","form_type":"4"}},{"id":4150440,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2017-11-28T23:45:02.000Z","date":"2017-11-27","kind":"exercise","acquired":true,"shares":17666,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F2","text":"Shares are represented by restricted stock units into which performance stock units converted. Each restricted stock unit represents a contingent right to receive one share of NANO common stock. The restricted stock units vest 50% on February 8, 2019 and 50% on February 8, 2020."}],"balance_after":313317,"source":{"system":"sec-edgar","filing":"0001209191-17-062741","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/704532/000120919117062741/doc4.xml","form_type":"4"}},{"id":4150439,"issuer":{"id":3340,"kind":"organization","name":"ONTO INNOVATION INC.","symbol":"ONTO"},"owners":[{"id":149244,"kind":"person","name":"Stultz Timothy J","position":1,"cik":"0001410399","reported_name":"Stultz Timothy J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2017-11-28T23:45:02.000Z","date":"2017-11-27","kind":"exercise","acquired":true,"shares":15000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Shares are represented by restricted stock units into which performance stock units converted. Each restricted stock unit represents a contingent right to receive one share of NANO common stock. 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