Brian Lorig - 04 Aug 2023 Form 4 Insider Report for KLA CORP (KLAC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Aug 2023, 16:05:20 UTC
Prior SEC filing
07 Aug 2023
Next SEC filing
09 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jeffrey S. Cannon, as attorney-in-fact for Brian Lorig
Filing notes and source

Key filing fact

Brian Lorig filed Form 4 for KLA CORP (KLAC) on 08 Aug 2023.

Key facts

  • This page summarizes Brian Lorig's Form 4 filing for KLA CORP (KLAC).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 08 Aug 2023, 16:05.

Change

  • Previous filing in this sequence was filed on 07 Aug 2023.
  • Current net transaction value: -$1,338,483.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KLAC transaction

Common Stock

Tax liability

Transaction value
$183,694
Shares
-370
Change %
-1.4%
Price
$496.47
Shares after
26,006
Date
04 Aug 2023
Ownership
Direct
Footnotes
F1, F2
KLAC transaction

Common Stock

Tax liability

Transaction value
$157,877
Shares
-318
Change %
-1.2%
Price
$496.47
Shares after
25,688
Date
05 Aug 2023
Ownership
Direct
Footnotes
F3, F4
KLAC transaction

Common Stock

Tax liability

Transaction value
$249,228
Shares
-502
Change %
-2%
Price
$496.47
Shares after
25,186
Date
06 Aug 2023
Ownership
Direct
Footnotes
F5, F6
KLAC transaction

Common Stock

Tax liability

Transaction value
$747,684
Shares
-1,506
Change %
-6%
Price
$496.47
Shares after
23,680
Date
06 Aug 2023
Ownership
Direct
Footnotes
F7, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

On August 4, 2022, the Reporting Person was granted restricted stock units ("RSUs") for 2,980 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.

Footnote F2

The number of shares of KLA common stock includes 21,528 shares issuable upon vesting of RSUs.

Footnote F3

On August 5, 2021, the Reporting Person was granted RSUs for 2,562 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.

Footnote F4

The number of shares of KLA common stock includes 20,887 shares issuable upon vesting of RSUs.

Footnote F5

On August 6, 2020, the Reporting Person was granted RSUs for 4,047 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.

Footnote F6

The number of shares of KLA common stock includes 19,875 shares issuable upon vesting of RSUs.

Footnote 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.

Footnote F8

The number of shares of KLA common stock includes 16,839 shares issuable upon vesting of RSUs.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .