Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KLAC | Common Stock | Tax liability | -$1.07M | -2.07K | -8.92% | $514.28 | 21.2K | Aug 1, 2023 | Direct | F1, F2 |
transaction | KLAC | Common Stock | Tax liability | -$355K | -691 | -3.27% | $514.28 | 20.5K | Aug 1, 2023 | Direct | F3, F4 |
Id | Content |
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F1 | The Reporting Person vested the remaining 50% of the performance-based RSUs, upon his completion of four years of service (August 1, 2023) following the award on August 1, 2019. The Compensation Committee of KLA's Board of Directors determined the level at which the underlying performance goals were attained (August 4, 2022). 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 August 1, 2023. |
F2 | The number of shares of KLA common stock includes 14,947 shares issuable upon vesting of restricted stock units ("RSUs"). |
F3 | On August 1, 2019, the Reporting Person was granted RSUs for 5,574 shares of KLA common stock. On August 1, 2023, the remaining 25% of the RSUs vested. Pursuant to the terms of the grant, shares of KLA common stock were automatically withheld at vesting to cover required tax withholding. 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 August 1, 2023. |
F4 | The number of shares of KLA common stock includes 13,554 shares issuable upon vesting of RSUs. |