Fusen E. Chen - Oct 11, 2023 Form 4 Insider Report for KULICKE & SOFFA INDUSTRIES INC (KLIC)

Signature
Zi Yao Lim, Attorney-in-Fact for Fusen E. Chen
Stock symbol
KLIC
Transactions as of
Oct 11, 2023
Transactions value $
-$2,824,293
Form type
4
Date filed
10/13/2023, 07:30 PM
Previous filing
Oct 10, 2023
Next filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLIC Common Stock Sale -$1.41M -30K -2.67% $47.11 1.09M Oct 11, 2023 Direct F1, F2, F3
transaction KLIC Common Stock Sale -$1.41M -30K -2.74% $47.04 1.06M Oct 12, 2023 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability associated with the vesting of performance stock units and restricted stock units over CY 2023.
F2 The shares covered by this Form 4 were sold pursuant to a Rule 10b5-1(c) sales plan dated February 21, 2023.
F3 This transaction was executed in multiple trades at prices ranging from $46.69 to $47.77. The price reported above reflects the weighted average price.
F4 This transaction was executed in multiple trades at prices ranging from $46.31 to $47.49. The price reported above reflects the weighted average price.