The specified component is a 220 pF ceramic capacitor with a capacitance tolerance of ±5% and a maximum voltage rating of 500 V. It has a metric size code of 3216 and is identified as C0G or NP0 type, indicating its temperature stability characteristics. The part number also includes the dimension code 1206, which corresponds to a package height of 1.6 mm and a lead length of 5.4 mm (5 mm + 0.4 mm).