Brian Lorig - 01 Aug 2021 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
03 Aug 2021, 17:24:46 UTC
Prior SEC filing
06 Jul 2021
Next SEC filing
05 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jeffrey Cannon, attorney-in-fact for Brian Lorig

Key filing fact

Brian Lorig filed Form 4 for KLA CORP (KLAC) on 03 Aug 2021.

Key facts

  • This page summarizes Brian Lorig's Form 4 filing for KLA CORP (KLAC).
  • 7 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Aug 2021, 17:24.

Change

  • Previous filing in this sequence was filed on 06 Jul 2021.
  • Current net transaction value: -$721,937.

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 - Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,394
Change %
-4.1%
Price
$0.000000
Shares after
32,764
Date
01 Aug 2021
Ownership
Direct
Footnotes
F1, F2, F3
KLAC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,394
Change %
+246%
Price
$0.000000
Shares after
1,960
Date
01 Aug 2021
Ownership
Direct
Footnotes
F2
KLAC transaction

Common Stock

Tax liability

Transaction value
$180,695
Shares
-519
Change %
-26%
Price
$348.16
Shares after
1,441
Date
01 Aug 2021
Ownership
Direct
Footnotes
F4
KLAC transaction

Common Stock

Sale

Transaction value
$304,640
Shares
-875
Change %
-61%
Price
$348.16
Shares after
566
Date
02 Aug 2021
Ownership
Direct
Footnotes
F5
KLAC transaction

Common Stock - Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,379
Change %
-4.2%
Price
$0.000000
Shares after
31,385
Date
02 Aug 2021
Ownership
Direct
Footnotes
F1, F3, F6
KLAC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,379
Change %
+244%
Price
$0.000000
Shares after
1,945
Date
02 Aug 2021
Ownership
Direct
Footnotes
F6
KLAC transaction

Common Stock

Tax liability

Transaction value
$236,602
Shares
-684
Change %
-35%
Price
$345.91
Shares after
1,261
Date
02 Aug 2021
Ownership
Direct
Footnotes
F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA common stock.

Footnote F2

On August 1, 2019, the Reporting Person was granted RSUs for 5,574 shares of KLA common stock. On August 1, 2021, 25% of the RSUs vested.

Footnote 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.

Footnote 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.

Footnote F5

This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 25, 2021.

Footnote F6

On August 2, 2018, the Reporting Person was granted RSUs for 5,518 shares of KLA common stock. On August 2, 2021, 25% of the RSUs vested.

Footnote 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.

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