KLA CORP — Director's Dealing 2017

Feb 8, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: KLA TENCOR CORP (KLAC)
CIK: 0000319201
Period of Report: 2017-02-02

Reporting Person: Lorig Brian (SVP)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2441	Direct
Common Stock - Restricted Stock Units	21546	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA-Tencor common stock. 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.

F2: Consists of eight different RSU awards covering: (1) 1,528 shares, which will vest as to all of the shares on September 4, 2017; (2) 1,100 shares, which will vest as to 50% of the shares on September 4, 2017 and 2018; (3) 1,985 shares, which will vest as to 33% of the shares on September 3, 2017, 2018 and 2019; (4) 6,022 shares, which will vest as to 25% of the shares on November 11, 2017, 2018, 2019 and 2020; (5) 3,100 shares, which will vest as to 50% of the shares on August 4, 2018 and 2020; (6) 6,200 shares, which will vest as to 25% of the shares on August 4, 2017, 2018, 2019 and 2020; (7) 1,000 shares, all of which vests on February 6, 2017; and (8) 611 shares, all of which vests on September 4, 2017, in each case subject to continued service on the applicable vesting date.