SEC Form 4 · accession 0001628280-17-008379
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
Aug 4, 2017
Accepted (ET)
Aug 8, 2017 · 8:07 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 | Aug 4, 2017 | M | 20,675 | $0.00 | A | 58,391 | D | |
| Common StockF2 | Aug 4, 2017 | F | 10,789 | $88.83 | D | 47,602 | D | |
| Common StockF3 | Aug 6, 2017 | M | 52,176 | $0.00 | A | 99,778 | D | |
| Common StockF4 | Aug 6, 2017 | F | 27,227 | $88.83 | D | 72,551 | D | |
| Common StockF5 | Aug 7, 2017 | M | 11,000 | $0.00 | A | 83,551 | D | |
| Common StockF2 | Aug 7, 2017 | F | 5,740 | $92.01 | D | 77,811 | D | |
| Common StockF6 | holding | — | — | — | 9,182 | I | By Trust | |
| Common Stock - Restricted Stock UnitsF7,F8 | holding | — | — | — | 162,969 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 4, 2016, the Reporting Person received a grant of RSUs covering 82,700 shares of KLA-Tencor common stock. On August 4, 2017, the Reporting Person vested in 25% of such RSUs.
- F2Pursuant to such terms of the August 4, 2016 RSU grant, 10,798 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
- F3On August 6, 2013, August 6, 2013, and August 6, 2015, the Reporting Person received a grant of RSUs or PRSUs covering 44,500 (RSU), 44,500 (PRSU) and 52,950 (RSU) shares of KLA-Tencor common stock, respectively. On August 6, 2017, the Reporting Person vested in 25% of such RSUs and 50% of the PRSUs.
- F4Pursuant to such terms of the August 6, 2013, August 6, 2013 and August 6, 2015 grants, 27,227 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
- F5On August 7, 2014, the Reporting Person received a grant of RSUs covering 44,000 shares of KLA-Tencor common stock. On August 7, 2017, the Reporting Person vested in 25% of such RSUs.
- F6Shares 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.
- F7Each RSU represents a contingent right to receive one share of KLA-Tencor common stock.
- F8Does 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.