<SEC-DOCUMENT>0000950170-24-000903.txt : 20240103
<SEC-HEADER>0000950170-24-000903.hdr.sgml : 20240103
<ACCEPTANCE-DATETIME>20240103161518
ACCESSION NUMBER:		0000950170-24-000903
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20231231
FILED AS OF DATE:		20240103
DATE AS OF CHANGE:		20240103

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Park Chan Ho
		CENTRAL INDEX KEY:			0001812684
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34791
		FILM NUMBER:		24506552

	MAIL ADDRESS:	
		STREET 1:		60 SOUTH MARKET STREET
		STREET 2:		SUITE 750
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95113

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MAGNACHIP SEMICONDUCTOR Corp
		CENTRAL INDEX KEY:			0001325702
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				830406195
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		C/O MAGNACHIP SEMICONDUCTOR S.A.
		STREET 2:		74, RUE DE MERL
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2146
		BUSINESS PHONE:		(352) 45-62-62

	MAIL ADDRESS:	
		STREET 1:		C/O MAGNACHIP SEMICONDUCTOR S.A.
		STREET 2:		74, RUE DE MERL
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2146

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MAGNACHIP SEMICONDUCTOR LLC
		DATE OF NAME CHANGE:	20110304

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MAGNACHIP SEMICONDUCTOR Corp
		DATE OF NAME CHANGE:	20110303

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MAGNACHIP SEMICONDUCTOR LLC
		DATE OF NAME CHANGE:	20100701
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2023-12-31</periodOfReport>

    <issuer>
        <issuerCik>0001325702</issuerCik>
        <issuerName>MAGNACHIP SEMICONDUCTOR Corp</issuerName>
        <issuerTradingSymbol>MX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001812684</rptOwnerCik>
            <rptOwnerName>Park Chan Ho</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O MAGNACHIP SEMICONDUCTOR, LTD.</rptOwnerStreet1>
            <rptOwnerStreet2>108, YEOUI-DAERO, YEONGDEUNGPO-GU</rptOwnerStreet2>
            <rptOwnerCity>SEOUL</rptOwnerCity>
            <rptOwnerState>M5</rptOwnerState>
            <rptOwnerZipCode>07335</rptOwnerZipCode>
            <rptOwnerStateDescription>KOREA, REPUBLIC OF</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>See Remarks</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-12-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>351</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>7.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>43580</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-12-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>697</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>7.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>42883</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-12-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>871</value>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>7.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>42012</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This transaction represents the withholding by the Issuer of 351 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 1,679 shares of common stock originally awarded to the Reporting Person on February 19, 2021.</footnote>
        <footnote id="F2">This transaction represents the withholding by the Issuer of 697 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 3,333 shares of common stock originally awarded to the Reporting Person on February 28, 2022.</footnote>
        <footnote id="F3">This transaction represents the withholding by the Issuer of 871 shares of common stock to satisfy tax withholding obligations incurred by the Reporting Person upon the vesting of 4,166  shares of common stock originally awarded to the Reporting Person on March 23, 2023.</footnote>
    </footnotes>

    <remarks>General Manager of Power Analog Solutions</remarks>

    <ownerSignature>
        <signatureName>/s/ Theodore Kim, Attorney-in-Fact</signatureName>
        <signatureDate>2024-01-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
