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KLA CORP — Director's Dealing 2019
Nov 13, 2019
29827_dirs_2019-11-13_4eef1b66-2acf-40e1-bb87-3e0cee7f07b7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KLA CORP (KLAC)
CIK: 0000319201
Period of Report: 2019-11-11
Reporting Person: WALLACE RICHARD P (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-11 | Common Stock - Restricted Stock Units | M | 8363 | — | Disposed | 90463 | Direct |
| 2019-11-11 | Common Stock | M | 8363 | — | Acquired | 98111 | Direct |
| 2019-11-11 | Common Stock | F | 4147 | $174.43 | Disposed | 93964 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9182 | Indirect |
Footnotes
F1: Each RSU represents a contingent right to receive one share of KLA common stock.
F2: On November 11, 2016 the reporting person was granted RSUs for an aggregate of 33,454 shares. On November 11, 2019, 25% of the RSUs 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 common stock were automatically withheld at vesting to cover required tax withholding. The fair market value of KLA common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA common stock as reported on November 11, 2019.
F5: 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.