Richard P. Wallace - Aug 3, 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
Aug 3, 2024
Transactions value $
-$10,951,963
Form type
4
Date filed
8/6/2024, 04:05 PM
Previous filing
Aug 5, 2024
Next filing
Aug 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Tax liability -$1.35M -1.94K -1.29% $696.17 149K Aug 3, 2024 Direct F1, F2
transaction KLAC Common Stock Tax liability -$1.39M -2K -1.34% $696.17 147K Aug 4, 2024 Direct F3, F4
transaction KLAC Common Stock Tax liability -$1.49M -2.14K -1.46% $696.17 145K Aug 5, 2024 Direct F5, F6
transaction KLAC Common Stock Tax liability -$6.72M -9.65K -6.66% $696.17 135K Aug 5, 2024 Direct F7, F8
holding KLAC Common Stock 5.44K Aug 3, 2024 By Trust F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 3, 2023, the Reporting Person was granted restricted stock units ("RSUs") for 15,684.000 shares of KLA common stock. On August 3, 2024, twenty-five percent (25%) 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 August 2, 2024.
F2 The number of shares of KLA common stock includes 115,530.721 shares issuable upon vesting of RSUs.
F3 On August 4, 2022, the Reporting Person was granted restricted stock units ("RSUs") for 16,097.000 shares of KLA common stock. On August 4, 2024, twenty-five percent (25%) 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 August 2, 2024.
F4 The number of shares of KLA common stock includes 111,506.721 shares issuable upon vesting of RSUs.
F5 On August 5, 2021, the Reporting Person was granted restricted stock units ("RSUs") for 17,298.000 shares of KLA common stock. On August 5, 2024, twenty-five percent (25%) 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 August 2, 2024.
F6 The number of shares of KLA common stock includes 107,182.721 shares issuable upon vesting of RSUs.
F7 On August 5, 2024, 50% of the performance-based restricted stock units granted on August 5, 2021 vested. Pursuant to the terms of the grant, shares of KLA common stock were automatically withheld to cover required tax withholding. The fair 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 August 2, 2024.
F8 The number of shares of KLA common stock includes 87,721.721 shares issuable upon vesting of RSUs.
F9 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.