Lester A. Wong - 16 Nov 2023 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
16 Nov 2023
Net transactions value
$0
Form type
4
Filing time
20 Nov 2023, 19:15:32 UTC
Previous filing
13 Oct 2023
Next filing
15 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLIC Common Stock Options Exercise $0 +10,974 +6.6% $0.000000 176,702 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 -10,974 -100% $0.000000* 0 16 Nov 2023 Common Stock 10,974 $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.