Stephen Ray Drake - 16 Nov 2023 Form 4 Insider Report for KULICKE & SOFFA INDUSTRIES INC (KLIC)

Role
Vice President
Signature
Zi Yao Lim, Attorney-in-Fact for Stephen R. Drake
Issuer symbol
KLIC
Transactions as of
16 Nov 2023
Net transactions value
$0
Form type
4
Filing time
20 Nov 2023, 19:09:26 UTC
Previous filing
13 Oct 2023
Next filing
01 Dec 2023
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 +3,466 +8.8% $0.000000 42,751 16 Nov 2023 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 -3,466 -100% $0.000000* 0 16 Nov 2023 Common Stock 3,466 $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 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.