Lester A. Wong - 17 Nov 2022 Form 4 Insider Report for KULICKE & SOFFA INDUSTRIES INC (KLIC)

Signature
Zi Yao Lim, Attorney-in-Fact for Lester A. Wong
Issuer symbol
KLIC
Transactions as of
17 Nov 2022
Transactions value $
$0
Form type
4
Filing time
21 Nov 2022, 18:49:19 UTC
Previous filing
18 Oct 2022
Next filing
17 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLIC Common Stock Options Exercise $0 +10.7K +6.72% $0.00 170K 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 -10.7K -100% $0.00* 0 17 Nov 2022 Common Stock 10.7K $0.00 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.