SEC Form 4 · accession 0001628280-16-018538
KLA CORP · KLAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bobby R Bell
Officer — Executive Vice President
Period of report
Aug 2, 2016
Accepted (ET)
Aug 4, 2016 · 5:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000319201
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 2, 2016 | M | 6,562 | $0.00 | A | 7,273 | D | |
| Common StockF3 | Aug 2, 2016 | F | 2,485 | $75.72 | D | 4,788 | D | |
| Common StockF4 | Aug 2, 2016 | M | 10,400 | $0.00 | A | 15,188 | D | |
| Common StockF5 | Aug 2, 2016 | F | 5,427 | $75.72 | D | 9,761 | D | |
| Common StockF6 | Aug 2, 2016 | M | 2,625 | $0.00 | A | 12,386 | D | |
| Common StockF7 | Aug 2, 2016 | F | 1,370 | $75.72 | D | 11,016 | D | |
| Common Stock - Restricted Stock UnitsF8,F9 | holding | — | — | — | 41,561 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 2, 2012, the Reporting Person received a grant of performance-based restricted stock units ("RSUs") that, following the completion of fiscal year 2014, was determined by the Compensation Committee of KLA-Tencor's Board of Directors (in September 2015) to cover, based on KLA-Tencor's financial performance during fiscal year 2014, 13,125 shares of KLA-Tencor common stock. On August 2, 2016, the Reporting person vested in fifty percent (50%) of the performance-based RSUs.
- F2Includes 363 shares acquired by the Reporting Person under the KLA-Tencor Employee Stock Purchase Plan on June 30, 2016.
- F3Pursuant to such terms of the August 2, 2012 performance-based RSU grant, 2,485 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
- F4On August 2, 2012, the Reporting Person received a grant of RSUs covering 20,800 shares of KLA-Tencor common stock. On August 2, 2016, the Reporting Person vested in fifty percent (50%) of such RSUs.
- F5Pursuant to such terms of the August 2, 2012 RSU grant described in note (4) above, 5,427 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
- F6On August 2, 2012, the Reporting Person received a grant of RSUs covering 10,500 shares of KLA-Tencor common stock. On August 2, 2016, the Reporting Person vested in fifty percent (50%) of such RSUs.
- F7Pursuant to such terms of the August 2, 2012 RSU grant described in note (6) above, 1,370 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
- F8Each RSU represents a contingent right to receive one share of KLA-Tencor common stock.
- F9Does 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.