Robert Nestor Chylak - Nov 16, 2023 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
Stock symbol: KLIC
Transactions as of: Nov 16, 2023
Transactions value $: -$77,095
Form type: 4
Date filed: 11/20/2023, 07:06 PM
Previous filing: Oct 13, 2023
Next filing: Feb 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KLIC	Common Stock	Options Exercise	$0	+3.7K	+11.97%	$0.00	34.6K	Nov 16, 2023	Direct	F1
transaction	KLIC	Common Stock	Tax liability	-$77.1K	-1.57K	-4.55%	$48.98	33K	Nov 16, 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	-3.7K	-100%	$0.00^*	0	Nov 16, 2023	Common Stock	3.7K	$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 7, 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 16, 2023. 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 3,696 shares of common stock arising from payout under Performance Share Units (PSUs) awarded on October 7, 2020. The payment was certified and the shares were issued on November 16, 2023, 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 7, 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 16, 2023. 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 3,696 shares of common stock arising from payout under Performance Share Units (PSUs) awarded on October 7, 2020. The payment was certified and the shares were issued on November 16, 2023, each PSU convertible into one share of common stock. These shares were not issued to or sold by the Reporting Person.