AI assistant
KLA CORP — Director's Dealing 2020
Feb 11, 2020
29827_dirs_2020-02-11_8e71b7dd-482a-44f4-808f-04d7d6e2f12d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: KLA CORP (KLAC)
CIK: 0000319201
Period of Report: 2020-02-05
Reporting Person: Donzella Oreste (Executive Vice President)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5967 | Direct |
| Common Stock - Restricted Stock Units | 25035 | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA common stock.
F2: Consists of seven different RSU awards covering: (1) 2,240 shares, which will vest as to all of the shares on September 7, 2020; (2) 2,000 shares, which will vest as to all of the shares on February 1, 2021; (3) 1,876 shares, which will vest as to 50% of the shares on August 3, 2020 and 2021; (4) 2,342 shares, which will vest as to 50% of the shares on November 1, 2020 and 2021; (5) 4,311 shares, which will vest as to one third of the shares on August 2, 2020, 2021 and 2022; (6) 5,360 shares, which will vest as to 25% of the shares on August 1, 2020, 2021, 2022 and 2023; and (7) 6,906 shares, which will vest as to all of the shares on March 20, 2022, in each case subject to continued service on the applicable vesting date.
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.