SEC Form 4 · accession 0001628280-16-021231
KLA CORP · KLAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard P Wallace
Officer — President and CEO · Director
Period of report
Nov 11, 2016
Accepted (ET)
Nov 14, 2016 · 8:39 am EST
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 Stock - Restricted Stock UnitsF1,F2,F3 | Nov 11, 2016 | A | 33,454 | $0.00 | A | 216,804 | D | |
| Common Stock | holding | — | — | — | 110,945 | D | ||
| Common StockF4 | holding | — | — | — | 9,182 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of KLA-Tencor common stock.
- F2On November 11, 2016, the Reporting Person was granted RSUs for 33,454 shares of KLA-Tencor common stock which vest 25% annually beginning November 11, 2017, subject to continued service on each vesting date.
- F3Does not include performance-based RSUs 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.
- F4Shares held under the Wallace Living Trust u/a/d 03/27/01, as amended, a trust of which the Reporting Person is a trustee and beneficiary.