RICHARD P. WALLACE - 07 Aug 2023 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey S. Cannon, as attorney-in-fact for Richard P. Wallace
Issuer symbol
KLAC
Transactions as of
07 Aug 2023
Net transactions value
-$17,642,791
Form type
4
Filing time
09 Aug 2023, 16:05:09 UTC
Previous filing
08 Aug 2023
Next filing
03 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Sale $576,300 -1,152 -0.72% $500.26 157,893 07 Aug 2023 Direct F1, F2, F3
transaction KLAC Common Stock Sale $1,641,508 -3,273 -2.1% $501.53 154,620 07 Aug 2023 Direct F1, F3, F4
transaction KLAC Common Stock Sale $1,105,562 -2,201 -1.4% $502.30 152,419 07 Aug 2023 Direct F1, F3, F5
transaction KLAC Common Stock Sale $2,333,034 -4,634 -3% $503.46 147,785 07 Aug 2023 Direct F1, F3, F6
transaction KLAC Common Stock Sale $7,572,503 -15,012 -10% $504.43 132,773 07 Aug 2023 Direct F1, F3, F7
transaction KLAC Common Stock Sale $2,669,364 -5,282 -4% $505.37 127,491 07 Aug 2023 Direct F1, F3, F8
transaction KLAC Common Stock Sale $1,693,812 -3,346 -2.6% $506.22 124,145 07 Aug 2023 Direct F1, F3, F9
transaction KLAC Common Stock Sale $50,708 -100 -0.08% $507.08 124,045 07 Aug 2023 Direct F1, F3
holding KLAC Common Stock 9,182 07 Aug 2023 By Trust F10
* 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 $499.83 to $500.71. 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 95,708 shares issuable upon vesting of restricted stock units ("RSUs").
F4 Represents the weighted average sales price for the shares. The sales prices ranged from $500.91 to $501.87. 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 $501.92 to $502.87. 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 $502.95 to $503.90. 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 $503.95 to $504.94. The Reporting Person will provide upon request full information regarding the number of shares sold at each separate price.
F8 Represents the weighted average sales price for the shares. The sales prices ranged from $504.98 to $505.88. The Reporting Person will provide upon request full information regarding the number of shares sold at each separate price.
F9 Represents the weighted average sales price for the shares. The sales prices ranged from $506.05 to $507.02. The Reporting Person will provide upon request full information regarding the number of shares sold at each separate price.
F10 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.