Bren D. Higgins - 06 Aug 2024 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey S. Cannon, as attorney-in-fact for Bren D. Higgins
Issuer symbol
KLAC
Transactions as of
06 Aug 2024
Net transactions value
-$2,822,721
Form type
4
Filing time
08 Aug 2024, 16:05:03 UTC
Previous filing
06 Aug 2024
Next filing
09 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Tax liability $705,593 -1,003 -2.2% $703.48 44,176 06 Aug 2024 Direct F1, F2
transaction KLAC Common Stock Tax liability $2,117,127 -3,010 -6.8% $703.48 41,167 06 Aug 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 6, 2020, the Reporting Person was granted restricted stock units ("RSUs") for 8,094.000 shares of KLA common stock. On August 6, 2024, the remaining 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 5, 2024.
F2 The number of shares of KLA common stock includes 28,634.052 shares issuable upon vesting of RSUs.
F3 On August 6, 2024, the remaining fifty percent (50%) of the performance-based restricted stock units granted on August 6, 2020 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 5, 2024.
F4 The number of shares of KLA common stock includes 22,564.052 shares issuable upon vesting of RSUs.