KLA CORP — Director's Dealing 2018

Nov 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KLA TENCOR CORP (KLAC)
CIK: 0000319201
Period of Report: 2018-11-01

Reporting Person: Trafas Brian M. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-01	Common Stock - Restricted Stock Units	M	1758	—	Disposed	42114	Direct
2018-11-01	Common Stock	M	1758	—	Acquired	1758	Direct
2018-11-01	Common Stock	F	872	$94.92	Disposed	886	Direct
2018-11-02	Common Stock	S	886	$95.10	Disposed	0	Direct

Footnotes

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

F2: On November 1, 2017 the reporting person was granted RSUs for 7,029 shares. On November 1, 2018, 25% of those shares vested.

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 a Form 4 within two business days of the date such assessment is made.

F4: Pursuant to the terms of the grant, 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 November 1, 2018.

F5: This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on November 9, 2017.