Filing Details

Accession Number:
0001628280-21-015881
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-05 16:29:20
Reporting Period:
2021-08-03
Accepted Time:
2021-08-05 16:29:20
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 - Restricted Stock Units Disposition 2021-08-03 2,345 $0.00 29,040 No 4 M Direct
Common Stock Acquisiton 2021-08-03 2,345 $0.00 3,606 No 4 M Direct
Common Stock Disposition 2021-08-03 1,163 $346.89 2,443 No 4 F Direct
Common Stock - Restricted Stock Units Disposition 2021-08-03 938 $0.00 28,102 No 4 M Direct
Common Stock Acquisiton 2021-08-03 938 $0.00 3,381 No 4 M Direct
Common Stock Disposition 2021-08-03 466 $346.89 2,915 No 4 F Direct
Common Stock Disposition 2021-08-03 695 $347.23 2,220 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
Footnotes
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA common stock.
  2. The remaining fifty percent (50%) of the performance-based RSUs that were granted to the Reporting Person on August 3, 2017, vested upon his completion of four years of service following the grant of the award.
  3. 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.
  4. 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 3, 2021.
  5. On August 3, 2017, the Reporting Person was granted RSUs for 3,752 shares of KLA common stock. On August 3, 2021, the remaining 25% of the RSUs vested.
  6. This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 25, 2021.