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Filing Details

Accession Number:: 0001181431-14-028467
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-08-06 20:28:12
Reporting Period:: 2014-08-04

Filing Date:: 2014-08-06
Accepted Time:: 2014-08-06 19:28:12
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
319201	Kla Tencor Corp	KLAC	Optical Instruments & Lenses (3827)	042564110

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1582625	Michael Kirk	One Technology Drive Milpitas CA 95035	Executive Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2014-08-04	7,478	$71.41	416	No	4	S	Direct
Common Stock	Acquisiton	2014-08-05	8,250	$0.00	8,666	No	4	A	Direct
Common Stock	Disposition	2014-08-05	4,305	$71.60	4,361	No	4	F	Direct
Common Stock	Acquisiton	2014-08-05	8,250	$0.00	12,611	No	4	A	Direct
Common Stock	Disposition	2014-08-05	4,305	$71.60	8,306	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	A	Direct
No	4	F	Direct
No	4	A	Direct
No	4	F	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock - Restricted Stock Units	62,750	Direct

Footnotes

This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2013.
On August 5, 2010, the Reporting Person received a grant of performance-based restricted stock units ("RSUs") that, following the completion of fiscal year 2012, was determined by the Compensation Committee of KLA-Tencor's Board of Directors to cover, based on KLA-Tencor's financial performance during fiscal years 2011 and 2012, 16,500 shares of KLA-Tencor common stock. On August 5, 2014, the Reporting Person vested in fifty percent (50%) of such performance-based RSUs.
Pursuant to the terms of the August 5, 2010 performance-based RSU grant described in note (2) above, 4,305 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding. The fair market value of KLA-Tencor common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA-Tencor common stock as reported on the NASDAQ Stock Market on such vesting date.
On August 5, 2010, the Reporting Person received a grant of RSUs covering 16,500 shares of KLA-Tencor common stock. On August 5, 2014, the Reporting Person vested in fifty percent (50%) of such RSUs.
Pursuant to the terms of the August 5, 2010 RSU grant described in note (4) above, 4,305 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding. The fair market value of KLA-Tencor common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA-Tencor common stock as reported on the NASDAQ Stock Market on such vesting date.
Each RSU represents a contingent right to receive one share of KLA-Tencor common stock.
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 Form 4 within two business days of the date such assessment is made.