SEC Form 4 · accession 0001628280-17-008385
KLA CORP · KLAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bren D. Higgins
Officer — EVP & Chief Financial Officer
Period of report
Aug 4, 2017
Accepted (ET)
Aug 8, 2017 · 8:11 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 | 5,175 | $0.00 | A | 5,175 | D | |
| Common StockF2 | Aug 4, 2017 | F | 2,371 | $88.83 | D | 2,804 | D | |
| Common StockF3 | Aug 6, 2017 | M | 14,569 | $0.00 | A | 17,373 | D | |
| Common StockF4 | Aug 6, 2017 | F | 6,952 | $88.83 | D | 10,421 | D | |
| Common StockF5 | Aug 7, 2017 | M | 2,287 | $0.00 | A | 12,708 | D | |
| Common StockF6 | Aug 7, 2017 | F | 1,194 | $92.01 | D | 11,514 | D | |
| Common StockF7 | Aug 7, 2017 | S | 9,567 | $89.15 | D | 1,947 | D | |
| Common Stock - Restricted Stock UnitsF8,F9 | holding | — | — | — | 65,801 | 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 20,700 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, 2,371 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
- F3On August 6, 2013, August 6, 2013, August 6, 2013 and August 6, 2015, the Reporting Person received a grant of RSUs or PRSUs covering 7,150 (RSU), 7,150 (PRSU), 10,000 (RSU) and 13,250 (RSU) shares of KLA-Tencor common stock, respectively. On August 6, 2017, the Reporting Person vested in 25%, 50%, 50% and 25% of such RSUs and PRSUs, respectively.
- F4Pursuant to such terms of the August 6, 2013, August 6, 2013, August 6, 2013 and August 6, 2015 grants, 6,952 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 9,150 shares of KLA-Tencor common stock. On August 7, 2017, the Reporting Person vested in 25% of such RSUs.
- F6Pursuant to such terms of the August 7, 2014 RSU grant, 1,194 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
- F7This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on May 8, 2017.
- F8Each restricted stock unit ("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.