SEC Form 4 · accession 0001628280-18-014350
KLA CORP · KLAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian M. Trafas
Officer — Executive Vice President
Period of report
Nov 11, 2018
Accepted (ET)
Nov 14, 2018 · 4:07 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, 2018 | M | 1,338 | $0.00 | D | 40,776 | D | |
| Common StockF2 | Nov 11, 2018 | M | 1,338 | $0.00 | A | 1,338 | D | |
| Common StockF4 | Nov 11, 2018 | F | 664 | $95.28 | D | 674 | D | |
| Common StockF5 | Nov 12, 2018 | S | 674 | $93.74 | 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, 2018 the reporting person was granted RSUs for an aggregate of 5,353 shares. On November 11, 2018, 25% of the RSUs vested.
- F3Does 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.
- F4Pursuant 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 9, 2018.
- F5This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on November 9, 2017.