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

Signature
/s/ Jeffrey Cannon, as attorney-in-fact for Richard P. Wallace
Issuer symbol
KLAC
Transactions as of
11 Apr 2023
Net transactions value
-$7,764,917
Form type
4
Filing time
13 Apr 2023, 16:05:09 UTC
Previous filing
11 Oct 2022
Next filing
04 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Tax liability $7,764,917 -20,547 -11% $377.91 171,201 11 Apr 2023 Direct F1, F2
holding KLAC Common Stock 9,182 11 Apr 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.