Richard P. Wallace - Apr 11, 2024 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey S. Cannon, as attorney-in-fact for Richard P. Wallace
Stock symbol
KLAC
Transactions as of
Apr 11, 2024
Transactions value $
-$11,836,723
Form type
4
Date filed
4/15/2024, 04:05 PM
Previous filing
Mar 20, 2024
Next filing
Apr 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Tax liability -$11.8M -16.9K -13.62% $700.61 107K Apr 11, 2024 Direct F1, F2
holding KLAC Common Stock 8.49K Apr 11, 2024 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the restricted stock unit ("RSU") grant by the registrant on April 11, 2019, shares of KLA common stock were automatically withheld to cover required tax withholding on the 34,076 shares of KLA common stock that vested. 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 April 11, 2024.
F2 The number of shares of KLA common stock includes 61,632 shares issuable upon vesting of RSUs.
F3 Shares held under the Wallace Living Trust u/a/d 03/27/01, as amended, a trust of which the Reporting Person is a trustee and beneficiary.