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: Trafas Brian M. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-05	Common Stock - Restricted Stock Units	M	1251	—	Disposed	32001	Direct
2019-08-05	Common Stock	M	1251	—	Acquired	4300	Direct
2019-08-05	Common Stock	F	621	$133.24	Disposed	3679	Direct
2019-08-05	Common Stock	S	3049	$130.10	Disposed	630	Direct
2019-08-06	Common Stock - Restricted Stock Units	M	5456	—	Disposed	26545	Direct
2019-08-06	Common Stock	M	5456	—	Acquired	6086	Direct
2019-08-06	Common Stock	F	2706	$135.64	Disposed	3380	Direct
2019-08-06	Common Stock - Restricted Stock Units	M	2200	—	Disposed	24345	Direct
2019-08-06	Common Stock	M	2200	—	Acquired	5580	Direct
2019-08-06	Common Stock	F	1091	$135.64	Disposed	4489	Direct
2019-08-06	Common Stock	S	630	$131.87	Disposed	3859	Direct

Footnotes

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

F2: On August 3, 2017, the reporting person was granted 5,003 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 November 13, 2018.

F6: On August 6, 2015, the reporting person was granted performance RSUs that the Compensation Committee determined in 2018 was for 10,912 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 5,003 RSUs. On August 6, 2019, the remaining RSUs vested.