| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KLAC | Common Stock | Tax liability | -$1.06M | -2.37K | -19.21% | $446.92 | 9.95K | Sep 21, 2023 | Direct | F1, F2 |
| transaction | KLAC | Common Stock | Sale | -$1.42M | -3.16K | -31.71% | $451.51 | 6.79K | Sep 22, 2023 | Direct | F2, F3 |
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).
| Id | Content |
|---|---|
| F1 | On September 21, 2020, the Reporting Person was granted restricted stock units ("RSUs") for 16,565 shares of KLA common stock. On September 21, 2023, one-third of the RSUs vested. Pursuant to the terms of the grant, shares of KLA common stock were automatically withheld at vesting to cover required tax withholding. The fair market value of KLA common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA common stock as reported on September 21, 2023. |
| F2 | The number of shares of KLA common stock includes 6,364 shares issuable upon vesting of RSUs. |
| F3 | This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on January 30, 2023. |