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KLA CORP — Director's Dealing 2019
Aug 7, 2019
29827_dirs_2019-08-07_ff175d31-3d1c-4db7-9f68-b63ed02f63fc.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: 2019-08-05
Reporting Person: Khan Ahmad A. (EVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-08-05 | Common Stock - Restricted Stock Units | M | 2189 | — | Disposed | 60876 | Direct |
| 2019-08-05 | Common Stock | M | 2189 | — | Acquired | 7387 | Direct |
| 2019-08-05 | Common Stock | F | 1086 | $133.24 | Disposed | 6301 | Direct |
| 2019-08-06 | Common Stock - Restricted Stock Units | M | 8215 | — | Disposed | 52661 | Direct |
| 2019-08-06 | Common Stock | M | 8215 | — | Acquired | 14516 | Direct |
| 2019-08-06 | Common Stock | F | 4073 | $135.64 | Disposed | 10443 | Direct |
| 2019-08-06 | Common Stock - Restricted Stock Units | M | 3312 | — | Disposed | 49349 | Direct |
| 2019-08-06 | Common Stock | M | 3312 | — | Acquired | 13755 | Direct |
| 2019-08-06 | Common Stock | F | 1643 | $135.64 | Disposed | 12112 | 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 8,755 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: On August 6, 2015, the reporting person was granted performance RSUs that the Compensation Committee determined in 2018 was for 16,430 shares based on the satisfaction of the performance criteria. On August 6, 2019 the remaining shares under the award vested.
F6: 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.
F7: On August 6, 2015, the reporting person received a grant of 13,250 RSUs. On August 6, 2019, the remaining RSUs vested.