Home > Insider Trading > Filing (0001628280-18-011661)

Filing Details

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
1697041	Brian Lorig	One Technology Drive Milpitas CA 95035	Svp	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
Common Stock - Restricted Stock Units	Disposition	2018-09-04	550	$0.00	21,087	No	4	M	Direct
Common Stock	Acquisiton	2018-09-04	550	$0.00	2,622	No	4	M	Direct
Common Stock	Disposition	2018-09-04	273	$118.19	2,349	No	4	F	Direct
Common Stock - Restricted Stock Units	Disposition	2018-09-04	1,287	$0.00	19,800	No	4	M	Direct
Common Stock	Acquisiton	2018-09-04	1,287	$0.00	3,636	No	4	M	Direct
Common Stock	Disposition	2018-09-04	523	$118.19	3,113	No	4	F	Direct
Common Stock	Disposition	2018-09-04	1,506	$117.30	1,607	No	4	S	Direct
Common Stock	Disposition	2018-09-05	1,041	$117.46	566	No	4	S	Direct

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

Footnotes

Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA-Tencor common stock.
On September 4, 2014, the Reporting Person was granted an RSU for 2,200 shares of KLA-Tencor Common Stock. On September 4, 2018, 25% of those 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 September 4, 2018.
On September 4, 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 2,750 shares (based on 125% of the target shares of 2,200) of KLA-Tencor common stock, subject to both performance-vesting and service-vesting requirements. On September 4, 2018, 50% of the RSUs vested.
This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on January 30, 2018.