KLA CORP — Director's Dealing 2019

Aug 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KLA CORP (KLAC)
CIK: 0000319201
Period of Report: 2019-08-05

Reporting Person: Kirloskar Virendra A (SVP & Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-05	Common Stock - Restricted Stock Units	M	626	—	Disposed	13954	Direct
2019-08-05	Common Stock	M	626	—	Acquired	2502	Direct
2019-08-05	Common Stock	F	217	$133.24	Disposed	2285	Direct
2019-08-05	Common Stock	S	1579	$130.10	Disposed	706	Direct
2019-08-06	Common Stock - Restricted Stock Units	M	2728	—	Disposed	11226	Direct
2019-08-06	Common Stock	M	2728	—	Acquired	3434	Direct
2019-08-06	Common Stock	F	1000	$135.64	Disposed	2434	Direct
2019-08-06	Common Stock - Restricted Stock Units	M	1100	—	Disposed	10126	Direct
2019-08-06	Common Stock	M	1100	—	Acquired	3534	Direct
2019-08-06	Common Stock	F	546	$135.64	Disposed	2988	Direct
2019-08-06	Common Stock	S	409	$131.87	Disposed	2579	Direct

Footnotes

F1: Each RSU represents a contingent right to receive one share of KLA common stock.

F2: On August 3, 2017, the reporting person was granted 2,502 RSUs. On August 3, 2019, 25% of those shares vested but were not released until August 5, 2019.

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 August 2, 2019.

F5: This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 21, 2019.

F6: On August 6, 2015, the reporting person received performance RSUs that the Compensation Committee determined in 2018 was for 5,456 shares based on the satisfaction of performance criteria. On August 6, 2019, the remaining shares vested.

F7: 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 August 6, 2019.

F8: On August 6, 2015, the reporting person was granted 4,400 RSUs. On August 6, 2019, the remaining RSUs vested.