Stephen R. Drake - 17 Nov 2022 Form 4 Insider Report for KULICKE & SOFFA INDUSTRIES INC (KLIC)

Signature
Zi Yao Lim, Attorney-in-Fact for Stephen R. Drake
Issuer symbol
KLIC
Transactions as of
17 Nov 2022
Net transactions value
$0
Form type
4
Filing time
21 Nov 2022, 18:32:56 UTC
Previous filing
18 Oct 2022
Next filing
12 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLIC Common Stock Options Exercise $0 +3,600 +12% $0.000000 34,858 17 Nov 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KLIC Performance Share Units Options Exercise $0 -3,600 -100% $0.000000* 0 17 Nov 2022 Common Stock 3,600 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Share Units (PSUs) awarded April 1, 2020 achieved a 200% payout based on the greater of absolute revenue growth or relative performance against each direct competitor for each year of the three-year performance period. The payout was certified and the shares issued on November 17, 2022. Each PSU is convertible into one share of common stock.