Richard P. Wallace - May 2, 2023 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey Cannon, as attorney-in-fact for Richard P. Wallace
Stock symbol
KLAC
Transactions as of
May 2, 2023
Transactions value $
-$6,675,478
Form type
4
Date filed
5/4/2023, 04:05 PM
Previous filing
Apr 13, 2023
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Sale -$4.6M -12.1K -7.07% $380.31 159K May 2, 2023 Direct F1, F2, F3
transaction KLAC Common Stock Sale -$305K -801 -0.5% $381.34 158K May 2, 2023 Direct F1, F3, F4
transaction KLAC Common Stock Sale -$421K -1.1K -0.69% $382.57 157K May 2, 2023 Direct F1, F3, F5
transaction KLAC Common Stock Sale -$808K -2.1K -1.34% $384.79 155K May 2, 2023 Direct F1, F3, F6
transaction KLAC Common Stock Sale -$540K -1.4K -0.9% $385.82 154K May 2, 2023 Direct F1, F3, F7
holding KLAC Common Stock 9.18K May 2, 2023 By Trust F8
* 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 February 7, 2023, as amended on February 15, 2023.
F2 Represents the weighted average sales price for the shares. The sales prices ranged from $380.00 to $380.95. The Reporting Person will provide upon request full information regarding the number of shares sold at each separate price.
F3 The number of shares of KLA common stock includes 107,694 shares issuable upon vesting of restricted stock units ("RSUs").
F4 Represents the weighted average sales price for the shares. The sales prices ranged from $381.00 to $381.92. The Reporting Person will provide upon request full information regarding the number of shares sold at each separate price.
F5 Represents the weighted average sales price for the shares. The sales prices ranged from $382.18 to $382.84. The Reporting Person will provide upon request full information regarding the number of shares sold at each separate price.
F6 Represents the weighted average sales price for the shares. The sales prices ranged from $384.27 to $385.26. The Reporting Person will provide upon request full information regarding the number of shares sold at each separate price.
F7 Represents the weighted average sales price for the shares. The sales prices ranged from $385.28 to $386.11. The Reporting Person will provide upon request full information regarding the number of shares sold at each separate price.
F8 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.