Robert Nestor Chylak - 07 Oct 2023 Form 4 Insider Report for KULICKE & SOFFA INDUSTRIES INC (KLIC)

Signature
Zi Yao Lim, Attorney-in-Fact for Robert Nestor Chylak
Issuer symbol
KLIC
Transactions as of
07 Oct 2023
Net transactions value
-$120,120
Form type
4
Filing time
10 Oct 2023, 19:42:27 UTC
Previous filing
11 Sep 2023
Next filing
13 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLIC Common Stock Options Exercise $0 +9,204 +47% $0.000000 28,813 07 Oct 2023 Direct F1
transaction KLIC Common Stock Tax liability $120,120 -2,539 -8.8% $47.31 26,274 07 Oct 2023 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 -9,204 -100% $0.000000* 0 07 Oct 2023 Common Stock 9,204 $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 7, 2020, achieved a 166% payout based on total shareholder return (TSR) relative to a peer group. The peer group consisted of the companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of the Performance Period with the relative TSR measured over a three year period. The pay-out was certified, and shares issued on October 7, 2023. Each PSU is convertible to one share of common stock.
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with issuance of 9,204 shares of common stock arising from payout under the Performance Share Units (PSUs) awarded on October 7, 2023. The payment was certified and the shares were issued on October 7, 2023, each PSU convertible into one share of common stock. These shares were not issued to or sold by the Reporting Person.