Form 4 for KLIC KULICKE & SOFFA INDUSTRIES INC
Accepted 2022-12-13 00:00:00 ET · period of report 2022-12-11 · accession 0000056978-22-000161 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-12-13 | 2022-12-11 | KLIC | Chylak Robert Nestor | SVP | F - Tax | $47.06 | -1,212 | 26.9K | -4% | -$57.0K |
| DM | 2022-12-13 | 2022-12-11 | KLIC | Chylak Robert Nestor | SVP | M - OptEx | $0.00 | +3,606 | 26.9K | +15% | $0 |
| DM | 2022-12-13 | 2022-12-11 | KLIC | Chylak Robert Nestor | SVP | M - OptEx | $47.06 | -3,606 | 0 | -100% | -$169.7K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-11 | F | D | 995 | $47.06 | 27,088 | D | — | — | (F3) Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with issuance of 3,606 shares of common stock arising from payout under the Performance Share Units (PSUs) awarded on December 11, 2019. The payment was certified and the shares were issued on December 11, 2022, each PSU convertible into one share of common stock. These shares were not issued to or sold by the Reporting Person. |
| 2 | Common | Common Stock | 2022-12-11 | M | A | 1,174 | $0.00 | 28,083 | D | — | — | (F2) Performance Share Units (PSUs) awarded December 11, 2019 achieved a 200% payout based on the greater of absolute revenue growth or relative performance against each direct competitor for each year of the three-year performance period. The payout was certified and the shares issued on December 11, 2022. Each PSU is convertible into one share of common stock. |
| 3 | Common | Common Stock | 2022-12-11 | M | A | 2,432 | $0.00 | 26,909 | D | — | — | (F1) Performance Share Units (PSUs) awarded December 11, 2019, achieved a 138% pay-out based on total shareholder return (TSR) relative to a peer group. The peer group consisted of the companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of the Performance Period with relative TSR measured over a three-year period. The pay-out was certified, and shares issued on December 11, 2022. Each PSU is convertible to one share of common stock. |
| 4 | Common | Common Stock | 2022-12-11 | F | D | 217 | $47.06 | 26,871 | D | — | — | (F4) Represents shares automatically withheld for payment of tax liability arising as a result of the partial settlement of a restricted stock unit award (RSU) originally granted on December 11, 2019. On December 11, 2022, 784 shares of common stock had vested under the RSU. |
| 5 | Derivative | Performance Share Units | 2022-12-11 | M | D | 1,174 | $47.06 | 0 | D | $0.00 · — to — | 1,174 Common Stock | (F2) Performance Share Units (PSUs) awarded December 11, 2019 achieved a 200% payout based on the greater of absolute revenue growth or relative performance against each direct competitor for each year of the three-year performance period. The payout was certified and the shares issued on December 11, 2022. Each PSU is convertible into one share of common stock. |
| 6 | Derivative | Performance Share Units | 2022-12-11 | M | D | 2,432 | $47.06 | 0 | D | $0.00 · — to — | 2,432 Common Stock | (F1) Performance Share Units (PSUs) awarded December 11, 2019, achieved a 138% pay-out based on total shareholder return (TSR) relative to a peer group. The peer group consisted of the companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of the Performance Period with relative TSR measured over a three-year period. The pay-out was certified, and shares issued on December 11, 2022. Each PSU is convertible to one share of common stock. |