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KLA CORP — Director's Dealing 2020
Nov 13, 2020
29827_dirs_2020-11-13_9ebf9b0f-f70f-4177-ae68-59f28c9e4514.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: 2020-11-11
Reporting Person: Higgins Bren D. (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-11 | Common Stock - Restricted Stock Units | M | 7527 | — | Disposed | 60963 | Direct |
| 2020-11-11 | Common Stock | M | 7527 | — | Acquired | 9355 | Direct |
| 2020-11-11 | Common Stock | F | 3732 | $233.51 | Disposed | 5623 | Direct |
Footnotes
F1: Each restricted stock unit ("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 30,109 shares of KLA common stock. On November 11, 2020, the remaining 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, 2020.