SEC Form 4 · accession 0001628280-17-011556
KLA CORP · KLAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ahmad A. Khan
Officer — EVP
Period of report
Nov 10, 2017
Accepted (ET)
Nov 14, 2017 · 5:00 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 StockF1 | Nov 10, 2017 | S | 3,652 | $102.20 | D | 3,289 | D | |
| Common Stock - Restricted Stock UnitsF2,F3,F4 | Nov 11, 2017 | M | 5,019 | $0.00 | D | 60,627 | D | |
| Common StockF3 | Nov 11, 2017 | M | 5,019 | $0.00 | A | 8,308 | D | |
| Common StockF5 | Nov 11, 2017 | F | 2,619 | $102.44 | D | 5,689 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2017.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA-Tencor common stock.
- F3Represents 25% of the RSUs that vested from the grant made on November 11, 2016.
- 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.
- F5Pursuant to the terms of the grant, shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding. The fair market value of KLA-Tencor common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA-Tencor common stock as reported on November 10, 2017.