SEC Form 4 · accession 0001628280-17-008382
KLA CORP · KLAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Lorig
Officer — SVP
Period of report
Aug 4, 2017
Accepted (ET)
Aug 8, 2017 · 8:09 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 | 1,550 | $0.00 | A | 2,116 | D | |
| Common StockF2 | Aug 4, 2017 | F | 583 | $88.83 | D | 1,533 | D | |
| Common Stock - Restricted Stock UnitsF3,F4 | holding | — | — | — | 22,748 | 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 6,200 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, 583 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA-Tencor common stock.
- F4Does 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.