Bren D. Higgins - Mar 22, 2023 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey Cannon, as attorney-in-fact for Bren Higgins
Stock symbol
KLAC
Transactions as of
Mar 22, 2023
Transactions value $
-$2,663,243
Form type
4
Date filed
3/23/2023, 04:05 PM
Previous filing
Mar 22, 2023
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Sale -$2.66M -6.96K -12.31% $382.43 49.6K Mar 22, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 Includes RSUs to acquire 41,245 shares of KLA common stock.