Filing Details

Accession Number:
0001209191-22-044409
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-08-04 16:06:49
Reporting Period:
2022-08-02
Accepted Time:
2022-08-04 16:06:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
319201 Kla 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
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 2022-08-02 351 $383.71 29,726 No 4 S Direct
Common Stock Disposition 2022-08-02 1,833 $382.69 27,893 No 4 F Direct
Common Stock Disposition 2022-08-02 684 $382.69 27,209 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 F Direct
No 4 F Direct
Footnotes
  1. This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2022.
  2. The number of shares of KLA common stock includes 25,326 shares issuable upon vesting of RSUs.
  3. The Reporting Person vested the remaining 50% of the performance-based restricted stock units ("RSUs"), upon his completion of four years of service (August 2, 2022) following the award on August 2, 2018. The Compensation Committee of KLA's Board of Directors determined the level at which the underlying performance goals were attained (August 5, 2021). 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 August 2, 2022.
  4. The number of shares of KLA common stock includes 21,629 shares issuable upon vesting of RSUs.
  5. On August 2, 2018, the Reporting Person was granted RSUs for 5,518 shares of KLA common stock. On August 2, 2022, the remaining 25% of the RSUs vested. 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 August 2, 2022.
  6. The number of shares of KLA common stock includes 20,250 shares issuable upon vesting of RSUs.