Oreste Donzella - Sep 5, 2023 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey S. Cannon, as attorney-in-fact for Oreste Donzella
Stock symbol
KLAC
Transactions as of
Sep 5, 2023
Transactions value $
-$1,334,957
Form type
4
Date filed
9/7/2023, 04:07 PM
Previous filing
Aug 8, 2023
Next filing
Mar 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Sale -$1.33M -2.63K -9.96% $507.01 23.8K Sep 5, 2023 Direct F1, F2
* 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 This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on November 1, 2022.
F2 The number of shares of KLA common stock includes 15,584 shares issuable upon vesting of restricted stock units ("RSUs").