Key facts
- This page summarizes Brian Lorig's Form 4 filing for KLA CORP (KLAC).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 08 Aug 2024, 16:05.
Brian Lorig - 06 Aug 2024 Form 4 Insider Report for KLA CORP (KLAC)
- Reporting relationship
- Executive Vice President
- Issuer ticker
- KLAC
- Reported as of
- 06 Aug 2024
- Net transaction value
- -$2,321,005
- SEC form
- 4
- Accepted by SEC
- 08 Aug 2024, 16:05:09 UTC
- Prior SEC filing
- 06 Aug 2024
- Next SEC filing
- 09 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jeffrey S. Cannon, as attorney-in-fact for Brian Lorig
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Brian Lorig filed Form 4 for KLA CORP (KLAC) on 08 Aug 2024.
Change
- Previous filing in this sequence was filed on 06 Aug 2024.
- Current net transaction value: -$2,321,005.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
KLAC
transaction
Common Stock
Tax liability
- Transaction value
- $352,622
- Shares
- -501
- Change %
- -2.5%
- Price
- $703.48
- Shares after
- 19,497
- Date
- 06 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F2
KLAC
transaction
Common Stock
Tax liability
- Transaction value
- $1,058,215
- Shares
- -1,504
- Change %
- -7.7%
- Price
- $703.48
- Shares after
- 17,993
- Date
- 06 Aug 2024
- Ownership
- Direct
- Footnotes
- F3, F4
KLAC
transaction
Common Stock
Sale
- Transaction value
- $910,168
- Shares
- -1,291
- Change %
- -7.2%
- Price
- $705.01
- Shares after
- 16,702
- Date
- 06 Aug 2024
- Ownership
- Direct
- Footnotes
- F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 5 footnotes
Footnote F1
On August 6, 2020, the Reporting Person was granted restricted stock units ("RSUs") for 4,047.000 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.
Footnote F2
The number of shares of KLA common stock includes 13,691.955 shares issuable upon vesting of RSUs.
Footnote 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.
Footnote F4
The number of shares of KLA common stock includes 10,657.955 shares issuable upon vesting of RSUs.
Footnote F5
This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 2, 2024.