Richard P. Wallace - Apr 11, 2023 Form 4 Insider Report for KLA CORP (KLAC)

Role
President and CEO
Signature
/s/ Jeffrey Cannon, as attorney-in-fact for Richard P. Wallace
Stock symbol
KLAC
Transactions as of
Apr 11, 2023
Transactions value $
-$7,764,917
Form type
4
Date filed
4/13/2023, 04:05 PM
Previous filing
Oct 11, 2022
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Tax liability -$7.76M -20.5K -10.72% $377.91 171K Apr 11, 2023 Direct F1, F2
holding KLAC Common Stock 9.18K Apr 11, 2023 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the restricted stock unit ("RSU") grant by the registrant on April 11, 2019, shares of KLA common stock were automatically withheld to cover required tax withholding on the 41,441 shares of KLA common stock that vested. 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 April 11, 2023.
F2 The number of shares of KLA common stock includes 107,694 shares issuable upon vesting of RSUs.
F3 Shares held under the Wallace Living Trust u/a/d 03/27/01, as amended, a trust of which the Reporting Person is a trustee and beneficiary.