In order to explain polarity-dependent device degradation observed in polysilicon-oxide-nitride-oxide-silicon (SONOS) transistors, a physics-based model is proposed. Comparing the trends in polarity-dependent electrical characteristics between two different gate dielectric structures of stacked oxidenitride-oxide (ONO) and oxide alone (SiO 2 ), it was demonstrated that the bimodal behavior observed in SONOS transistors is due to the stacked gate dielectric structure and that the device degradation is caused not by electrons but by holes. The proposed model is based on two models of the anode hole injection with maximum available hole energy E max and the hydrogen-released interface trap generation. It is shown that the device degradation ∆ * in the stacked-ONO gate structure can be expressed by the total fluence of the hole Q Ah injected from the anode side as ∆ * ≈ Q 0.25 Ah . Utilizing a threshold voltage shift ∆V th method, it was found that the gate conduction in SONOS transistors is governed by a specific tunneling process, which depends on the voltage drop V OX across the tunnel oxide. It is also shown that the gate conduction mechanism through the ONO stacks makes a smooth transition from one tunneling process to another depending on the relationship between the V OX and the tunneling barrier height of Φ B .Index Terms-Degradation, gate conduction, hole fluence, negative bias temperature instability (NBTI), nonvolatile memory (NVM), polarity dependence, polysilicon-oxide-nitride-oxidesilicon (SONOS).