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KLA CORP — Director's Dealing 2015
Aug 4, 2015
29827_dirs_2015-08-04_c05ce372-914d-4df2-82b9-666e12a48fb9.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: 2015-08-02
Reporting Person: Martin Brian (Executive VP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-02 | Common Stock | M | 1825 | — | Acquired | 3664 | Direct |
| 2015-08-02 | Common Stock | F | 686 | $53.05 | Disposed | 2978 | Direct |
| 2015-08-03 | Common Stock | S | 1139 | $52.74 | Disposed | 1839 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock - Restricted Stock Units | 21062 | Direct |
Footnotes
F1: On August 2, 2012, the Reporting Person received a grant of restricted stock units ("RSUs") covering 7,300 shares of KLA-Tencor common stock. On August 2, 2015, the Reporting Person vested in twenty-five percent (25%) of such RSUs.
F2: Includes 147 shares acquired by the Reporting Person under the KLA-Tencor Employee Stock Purchase Plan on December 31, 2014 and 190 shares acquired by the Reporting Person under the KLA-Tencor Employee Stock Purchase Plan on June 30, 2015.
F3: Pursuant to the terms of the August 2, 2012 RSU grant described in note (1) above, 686 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: This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2015.
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 a Form 4 within two business days of the date such assessment is made.