Filing Details
- Accession Number:
- 0001628280-18-010939
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-08-09 16:10:42
- Reporting Period:
- 2018-08-07
- Accepted Time:
- 2018-08-09 16:10:42
- 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 |
|---|---|---|---|---|---|---|---|
| 1642421 | M. Brian Trafas | C/O Kla-Tencor Corporation One Technology Drive Milpitas CA 95035 | Executive Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2018-08-07 | 3,859 | $118.33 | 649 | No | 4 | S | Direct | |
| Common Stock - Restricted Stock Units | Disposition | 2018-08-07 | 4,300 | $0.00 | 45,709 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-08-07 | 4,300 | $0.00 | 4,949 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-08-07 | 2,132 | $118.16 | 2,817 | No | 4 | F | Direct | |
| Common Stock - Restricted Stock Units | Disposition | 2018-08-07 | 1,837 | $0.00 | 43,872 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-08-07 | 1,837 | $0.00 | 4,654 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-08-07 | 911 | $118.16 | 3,743 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct |
Footnotes
- This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on November 9, 2017.
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA-Tencor common stock.
- On August 7, 2014, in addition to the RSUs granted on that date that were subject only to service-vesting requirements (which RSUs were previously reported on Form 4), the Reporting Person was also granted RSUs covering up to a maximum of 9,187 shares (based on 125% of the target shares of 7,350) of KLA-Tencor common stock, subject to both performance-vesting and service-vesting requirements. On August 31, 2017 the Compensation Committee of KLA-Tencor's Board of Directors determined the level at which the corporate performance goals were attained and, based on the assessment, determined that the number of shares subject to the RSUs is 8,599. On August 7, 2018, the remaining 50% of the shares vested.
- 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.
- Pursuant to the terms of the grant, 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 August 7, 2018.
- On August 7, 2014, the Reporting Person was granted an RSU for 7,350 shares of KLA-Tencor Common Stock. On August 7, 2018, the remaining 25% of those shares vested.
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