SEC Form 4 · accession 0001628280-16-021502
KLA CORP · KLAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ahmad A. Khan
Officer — EVP, Patterning Division
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 6:57 pm 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 | 20,073 | $0.00 | A | 67,757 | D | |
| Common StockF4 | Nov 11, 2016 | S | 17,173 | $75.336 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each restricted stock unit ("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 20,073 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.
- F4Represents the weighted average sales price for the shares. The sales prices ranged from $75.31 to $75.42. The reporting person will provide upon request full information regarding the number of shares sold at each separate price.