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KLA CORP — Director's Dealing 2018
Aug 6, 2018
29827_dirs_2018-08-06_8c25aa9e-0412-4fc8-a944-a3b2b729cc93.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: 2018-08-02
Reporting Person: Kirloskar Virendra A (SVP & Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-02 | Common Stock - Restricted Stock Units | A | 2759 | — | Acquired | 19447 | Direct |
| 2018-08-02 | Common Stock - Restricted Stock Units | A | 5456 | — | Acquired | 24903 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 297 | Direct |
Footnotes
F1: Each RSU represents a contingent right to receive one share of KLA-Tencor common stock.
F2: On August 2, 2018, the Compensation Committee granted the reporting person an RSU that vests 25% each year from the date of grant, subject to the reporting person being a service provider on each vestingdate.
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: On August 6, 2015, in addition to the RSUs granted on that date that were subject only to service-vesting requirements (which RSUs were previously reported on Form 4), the Reporting Person was alsogranted RSUs covering up to a maximum of 5,500 shares (based on 125% of the target shares of 4,400) of KLA-Tencor common stock, subject to both performance-vesting and service-vesting requirements. On August 2, 2018 the Compensation Committee of the KLA-Tencor Board of Directors determined the level at which the corporate performance goals were attained and, based on the assessment, determined that the number of shares subject to the RSUs is 5,456.