Bren D. Higgins - 04 Aug 2023 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey S. Cannon, as attorney-in-fact for Bren D. Higgins
Issuer symbol
KLAC
Transactions as of
04 Aug 2023
Net transactions value
-$2,735,550
Form type
4
Filing time
08 Aug 2023, 16:05:08 UTC
Previous filing
07 Aug 2023
Next filing
09 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Tax liability $367,388 -740 -1.3% $496.47 55,649 04 Aug 2023 Direct F1, F2
transaction KLAC Common Stock Tax liability $374,835 -755 -1.4% $496.47 54,894 05 Aug 2023 Direct F3, F4
transaction KLAC Common Stock Tax liability $498,456 -1,004 -1.8% $496.47 53,890 06 Aug 2023 Direct F5, F6
transaction KLAC Common Stock Tax liability $1,494,871 -3,011 -5.6% $496.47 50,879 06 Aug 2023 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 4, 2022, the Reporting Person was granted restricted stock units ("RSUs") for 5,961 shares of KLA common stock. On August 4, 2023, twenty-five percent (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 4, 2023.
F2 The number of shares of KLA common stock includes 44,863 shares issuable upon vesting of RSUs.
F3 On August 5, 2021, the Reporting Person was granted RSUs for 6,086 shares of KLA common stock. On August 5, 2023, twenty-five percent (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 4, 2023.
F4 The number of shares of KLA common stock includes 43,341 shares issuable upon vesting of RSUs.
F5 On August 6, 2020, the Reporting Person was granted RSUs for 8,094 shares of KLA common stock. On August 6, 2023, twenty-five percent (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 4, 2023.
F6 The number of shares of KLA common stock includes 41,318 shares issuable upon vesting of RSUs.
F7 The Reporting Person vested 50% of the performance-based restricted stock units ("RSUs") granted on August 6, 2020. 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 4, 2023.
F8 The number of shares of KLA common stock includes 35,246 shares issuable upon vesting of RSUs.