Brian Lorig - Jul 5, 2023 Form 4 Insider Report for KLA CORP (KLAC)

Role: Executive Vice President
Signature: /s/ Jeffrey Cannon, as attorney-in-fact for Brian Lorig
Stock symbol: KLAC
Transactions as of: Jul 5, 2023
Transactions value $: -$10,120
Form type: 4
Date filed: 7/7/2023, 04:05 PM
Previous filing: May 19, 2023
Next filing: Aug 3, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KLAC	Common Stock	Other	$21.2K	+66.4	+0.29%	$320.07	23.3K	Jun 30, 2023	Direct	F1, F2, F3
transaction	KLAC	Common Stock	Sale	-$31.4K	-66	-0.28%	$475.30	23.2K	Jul 5, 2023	Direct	F3, F4

Showing 1 to 2 of 2 entries

* 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	Purchased under the registrant's employee stock purchase plan.
F2	Represents 85% of the closing price of the registrant's stock on the employee stock purchase plan on June 30, 2023.
F3	The number of shares of KLA common stock includes 19,128 shares issuable upon vesting of restricted stock units ("RSUs").
F4	This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 3, 2023, as amended on February 24, 2023.