Filing Details
- Accession Number:
- 0001209191-22-044405
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-08-04 16:06:23
- Reporting Period:
- 2022-08-02
- Accepted Time:
- 2022-08-04 16:06:23
- 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 |
|---|---|---|---|---|---|---|---|
| 1430600 | A Virendra Kirloskar | One Technology Drive Milpitas CA 95035 | Svp & Chief Accounting Officer | 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 | 420 | $383.71 | 5,651 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2022-08-02 | 796 | $382.69 | 4,855 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2022-08-02 | 342 | $382.69 | 4,513 | 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
- This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 25, 2022.
- The number of shares of KLA common stock includes 5,354 shares issuable upon vesting of RSUs.
- 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.
- The number of shares of KLA common stock includes 3,506 shares issuable upon vesting of RSUs.
- On August 2, 2018, the Reporting Person was granted RSUs for 2,759 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.
- The number of shares of KLA common stock includes 2,817 shares issuable upon vesting of RSUs.
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