Oreste Donzella - Aug 1, 2021 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey Cannon as Attorney-in-Fact for Oreste Donzella
Stock symbol
KLAC
Transactions as of
Aug 1, 2021
Transactions value $
-$713,168
Form type
4
Date filed
8/3/2021, 05:22 PM
Previous filing
Jul 6, 2021
Next filing
Aug 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock - Restricted Stock Units Options Exercise $0 -1.34K -3.74% $0.00 34.5K Aug 1, 2021 Direct F1, F2, F3
transaction KLAC Common Stock Options Exercise $0 +1.34K +25.35% $0.00 6.63K Aug 1, 2021 Direct F2
transaction KLAC Common Stock Tax liability -$162K -464 -7% $348.16 6.16K Aug 1, 2021 Direct F4
transaction KLAC Common Stock Sale -$305K -876 -14.22% $348.16 5.29K Aug 2, 2021 Direct F5
transaction KLAC Common Stock - Restricted Stock Units Options Exercise $0 -1.44K -4.16% $0.00 33.1K Aug 2, 2021 Direct F1, F3, F6
transaction KLAC Common Stock Options Exercise $0 +1.44K +27.19% $0.00 6.72K Aug 2, 2021 Direct F6
transaction KLAC Common Stock Tax liability -$247K -713 -10.61% $345.91 6.01K Aug 2, 2021 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA common stock.
F2 On August 1, 2019, the Reporting Person was grant RSUs for 5,360 shares of KLA common stock. On August 1, 2021, 25% of the RSUs vested.
F3 Does not include performance-based RSUs, if any, held by the Reporting Person for which an assessment has not yet been made regarding the achievement of the applicable performance goals. Any such holdings will be reported on a Form 4 within two business days of the date such assessment is made.
F4 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 July 30, 2021.
F5 This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 22, 2021.
F6 On August 2, 2018, the Reporting Person was granted RSUs for 5,748 shares of KLA common stock. On August 2, 2021, 25% of the RSUs vested.
F7 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 2, 2021.