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KLA CORP — Director's Dealing 2014
Aug 5, 2014
29827_dirs_2014-08-05_09b0572b-d0be-444d-a711-53501193a8bf.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: 2014-08-02
Reporting Person: WALLACE RICHARD P (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-02 | Common Stock | A | 11775 | — | Acquired | 12673 | Direct |
| 2014-08-02 | Common Stock | F | 4426 | $71.631 | Disposed | 8247 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8284 | Indirect |
| Common Stock - Restricted Stock Units | 174950 | Direct |
Footnotes
F1: On August 2, 2012, the Reporting Person received a grant of restricted stock units ("RSUs") covering 47,100 shares of KLA-Tencor common stock. On August 2, 2014, the Reporting Person vested in twenty-five percent (25%) of such RSUs.
F2: Includes 394 shares acquired by the Reporting Person under the KLA-Tencor Employee Stock Purchase Plan on June 30, 2014.
F3: Pursuant to the terms of the August 2, 2012 RSU grant, 4,426 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding. Because the vesting date of such RSUs occurred on a day on which the NASDAQ Stock Market was closed for trading, 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 the last completed trading day immediately prior to such vesting date.
F4: Shares held under the Wallace Living Trust u/a/d 03/27/01, as amended, a trust of which the Reporting Person is a trustee and beneficiary.
F5: Each RSU represents a contingent right to receive one share of KLA-Tencor common stock.
F6: 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.