Bren D. Higgins - Aug 5, 2022 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey Cannon, attorney-in-fact for Bren D. Higgins
Stock symbol
KLAC
Transactions as of
Aug 5, 2022
Transactions value $
-$2,588,640
Form type
4
Date filed
8/9/2022, 04:05 PM
Previous filing
Aug 8, 2022
Next filing
Nov 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Sale -$1.89M -4.86K -6.7% $389.09 67.8K Aug 5, 2022 Direct F1, F2
transaction KLAC Common Stock Tax liability -$299K -755 -1.11% $395.74 67K Aug 5, 2022 Direct F3, F4
transaction KLAC Common Stock Tax liability -$397K -1K -1.5% $395.74 66K Aug 6, 2022 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2022.
F2 The number of shares of KLA common stock includes 58,604 shares issuable upon vesting of restricted stock units ("RSUs").
F3 On August 5, 2021, the Reporting Person was granted RSUs for 6,086 shares of KLA common stock. On August 5, 2022, 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, 2022.
F4 The number of shares of KLA common stock includes 57,082 shares issuable upon vesting of RSUs.
F5 On August 6, 2020, the Reporting Person was granted RSUs for 8,094 shares of KLA common stock. On August 6, 2022, 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, 2022.
F6 The number of shares of KLA common stock includes 55,058 shares issuable upon vesting of RSUs.