Robert Nestor Chylak - 17 Nov 2022 Form 4 Insider Report for KULICKE & SOFFA INDUSTRIES INC (KLIC)

Role: Senior Vice President
Signature: Zi Yao Lim, Attorney-in-Fact for Robert Nestor Chylak
Issuer symbol: KLIC
Transactions as of: 17 Nov 2022
Net transactions value: -$9,187
Form type: 4
Filing time: 21 Nov 2022, 18:44:35 UTC
Previous filing: 20 Oct 2022
Next filing: 23 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KLIC	Common Stock	Options Exercise	$0	+708	+2.9%	$0.000000	25,185	17 Nov 2022	Direct	F1
transaction	KLIC	Common Stock	Tax liability	$9,187	-196	-0.78%	$46.87	24,989	17 Nov 2022	Direct	F2

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	-708	-100%	$0.000000^*	0	17 Nov 2022	Common Stock	708	$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 October 10, 2019 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.
F2	Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with issuance of 708 shares of common stock arising from payout under Performance Share Units (PSUs) awarded on October 10, 2019. The payment was certified and the shares were issued on November 17, 2022, each PSU convertible into one share of common stock. These shares were not issued to or sold by the Reporting Person.

Content

Performance Share Units (PSUs) awarded October 10, 2019 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.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with issuance of 708 shares of common stock arising from payout under Performance Share Units (PSUs) awarded on October 10, 2019. The payment was certified and the shares were issued on November 17, 2022, each PSU convertible into one share of common stock. These shares were not issued to or sold by the Reporting Person.