Form 4 for KLAC KLA Corporation
Accepted 2022-08-08 00:00:00 ET · period of report 2022-08-04 · accession 0001209191-22-044764 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-08-08 | 2022-08-04 | KLAC | Khan Ahmad A. | Pres, Semi Proc. Control | A - Grant | $0.00 | +28.8K | 70.7K | +69% | $0 |
| 2022-08-08 | 2022-08-04 | KLAC | Khan Ahmad A. | Pres, Semi Proc. Control | F - Tax | $397.40 | -5,581 | 87.7K | -6% | -$2.22M |
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 | 2022-08-04 | A | A | 22,510 | $0.00 | 93,249 | D | — | — | (F3) On August 1, 2019, in addition to the RSUs granted on that date that were subject only to service-vesting requirements (which RSUs were previously reported on a Form 4), the Reporting Person was also granted RSUs covering up to a maximum of 22,510 shares (based on 150% of the target shares of 15,007) of KLA common stock, subject to both performance-vesting and service-vesting requirements. On August 4, 2022, the Compensation and Talent Committee of KLA'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 22,510. (F4) The number of shares of KLA common stock includes 65,465 shares issuable upon vesting of RSUs. |
| 2 | Common | Common Stock | 2022-08-04 | A | A | 6,260 | $0.00 | 70,739 | D | — | — | (F1) On August 4, 2022, the Reporting Person received a grant of restricted stock units ("RSUs"). The RSUs vest 25% annually from the date of grant. (F2) The number of shares of KLA common stock includes 54,211 shares issuable upon vesting of RSUs. |
| 3 | Common | Common Stock | 2022-08-04 | F | D | 5,581 | $397.40 | 87,668 | D | — | — | (F5) 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 4, 2022. (F4) The number of shares of KLA common stock includes 65,465 shares issuable upon vesting of RSUs. |