Virendra A. Kirloskar - 07 Aug 2025 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey S. Cannon, as attorney-in-fact for Virendra A. Kirloskar
Issuer symbol
KLAC
Transactions as of
07 Aug 2025
Net transactions value
-$295,294
Form type
4
Filing time
08 Aug 2025, 16:05:12 UTC
Previous filing
07 Aug 2025
Next filing
12 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kirloskar Virendra A SVP & Chief Accounting Officer ONE TECHNOLOGY DRIVE, MILPITAS /s/ Jeffrey S. Cannon, as attorney-in-fact for Virendra A. Kirloskar 08 Aug 2025 0001430600

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Award $0 +1,341 +115% $0.000000 2,508 07 Aug 2025 Direct F1, F2
transaction KLAC Common Stock Tax liability $295,294 -332 -13% $888.28 2,175 07 Aug 2025 Direct F3, F4
transaction KLAC Common Stock Award $0 +417 +19% $0.000000 2,592 07 Aug 2025 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 4, 2022, in addition to the RSUs granted that were subject to only service-based vesting conditions, the Reporting Person was also granted RSUs with both performance-based and service-based vesting conditions ("PRSUs") for a target number of shares equal to 894.000 shares of KLA common stock. The maximum number of shares issuable under these PRSUs is 150% of the target shares if KLA's free cash flow relative to its peers was at the 75th percentile or greater for the three years in the period ended June 30, 2025. On August 7, 2025, KLA's Board of Directors and Compensation and Talent Committee determined that the performance conditions applicable to these PRSUs were satisfied at the maximum level. Fifty percent (50%) of the PRSUs will vest today, August 7, 2025, and the remaining fifty percent (50%) of the PRSUs will vest on August 4, 2026, subject to continued service of the Reporting Person.
F2 The number of shares of KLA common stock includes 2,205.000 shares issuable upon vesting of restricted stock units ("RSUs").
F3 On August 7, 2025, fifty percent (50%) of the performance-based restricted stock units granted on August 4, 2022 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 6, 2025.
F4 The number of shares of KLA common stock includes 1,534.500 shares issuable upon vesting of RSUs.
F5 On August 7, 2025, the Reporting Person received a grant of restricted stock units ("RSUs"). The RSUs vest 25% annually from the date of grant.
F6 The number of shares of KLA common stock includes 1,951.639 shares issuable upon vesting of RSUs.