KLA CORP — Director's Dealing 2011

Nov 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KLA TENCOR CORP (KLAC)
CIK: 0000319201
Period of Report: 2011-11-15

Reporting Person: Kirloskar Virendra A (SVP & Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-15	Common Stock	A	3000	—	Acquired	14733	Direct
2011-11-15	Common Stock	F	1270	$48.42	Disposed	13463	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - Restricted Stock Units	27650	Direct

Footnotes

F1: On November 15, 2007, Mr. Kirloskar received a grant of restricted stock units ("RSUs") covering 6,000 shares of KLA-Tencor common stock. On November 15, 2011, Mr. Kirloskar vested in the remaining fifty percent (50%) of such RSUs.

F2: Pursuant to the terms of the November 15, 2007 RSU grant, 1,270 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding. The fair market value of KLA-Tencor common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA-Tencor common stock as reported on the NASDAQ Stock Market on such vesting date.

F3: Each RSU represents a contingent right to receive one share of KLA-Tencor common stock.

F4: 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.