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KLA CORP — Director's Dealing 2011
May 6, 2011
29827_dirs_2011-05-06_5520725a-da43-450d-bd47-fccbc749aa43.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KLA TENCOR CORP (KLAC)
CIK: 0000319201
Period of Report: 2011-05-05
Reporting Person: Kirloskar Virendra A (SVP & Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-05 | Common Stock | M | 867 | $39.89 | Acquired | 8106 | Direct |
| 2011-05-05 | Common Stock | S | 3399 | $45.00 | Disposed | 4707 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-05 | Non-Qualified Stock Option (Right to Buy) | $39.89 | M | 867 | Disposed | 2014-09-16 | Common Stock (867) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock - Restricted Stock Units | 38150 | Direct |
Footnotes
F1: These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2011.
F2: Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA-Tencor common stock.
F3: Does not include performance-based RSUs, if any, held by the Reporting Person for which an assessment has not yet been made regarding the achievement of the applicable performance goals. Any such holdings will be reported on Form 4 within two business days of the date such assessment is made.
F4: Represents a stock option granted on September 16, 2004, granting the Reporting Person the right to purchase up to 6,500 shares of KLA-Tencor common stock. 1,300 of the shares subject to this stock option vested on the two-year anniversary of the grant date, and 1/48 of the remaining 5,200 shares subject to this stock option vested on the 25-month anniversary of the grant date and each monthly anniversary thereafter until September 16, 2010.