FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
WATERS GREGORY L
(Last) (First) (Middle)
5005 EAST MCDOWELL ROAD
(Street)
PHOENIX AZ 85008
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ON SEMICONDUCTOR CORP [ ON ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 05/26/2022   A   3,624 (1) A $ 0 11,799 D  
Common               17,000 I By Waters Family Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents restricted stock granted under the Issuer's Amended and Restated Stock Incentive Plan on May 26, 2022. The stock will vest on the day prior to the Issuer's next Annual Meeting of Stockholders.
Remarks:
Pamela L. Tondreau is signing on behalf of the Reporting Person pursuant to a Power of Attorney attached hereto as Exhibit 24.
/s/ Pamela L. Tondreau, Attorney-in-Fact 05/27/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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Exhibit 24

POWER OF ATTORNEY
(Gregory L. Waters)


	I hereby appoint Pamela L. Tondreau, Lauren C. Bellerjeau, and Thad Trent, and
each of them, attorney-in-fact for me, each with full power of substitution, to
prepare, execute, and deliver on my behalf reports required to be filed by me
pursuant to Section 16 of the Securities Exchange Act of 1934, as amended
("Section 16"), and Rule 144 and Rule 145 under the Securities Act of 1933, as
amended (singly or collectively, "Rule 144"), and any and all related documents
and instruments.  Among other things, each attorney-in-fact is authorized to
file original reports (either electronically or otherwise), signed by me or on
my behalf, on Forms 3, 4, and 5, and Form 144 with the Securities and Exchange
Commission, any and all related documents and instruments, and to provide any
necessary copies of such signed forms, documents, and instruments to The NASDAQ
Stock Market and ON Semiconductor Corporation as required by the rules under
Section 16 and Rule 144 as in effect from time to time.

	This power of attorney is effective from the date hereof and shall remain in
effect until revoked or terminated.

Dated: December 2, 2021

/s/ GREGORY L. WATERS
Gregory L. Waters