Bren D. Higgins - 01 Aug 2021 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey Cannon as Attorney-in-Fact for Bren D. Higgins
Issuer symbol
KLAC
Transactions as of
01 Aug 2021
Net transactions value
+$21,243
Form type
4
Filing time
03 Aug 2021, 17:25:21 UTC
Previous filing
24 May 2021
Next filing
04 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Other $21,243 +96 +23% $221.28 506 30 Jun 2021 Direct F1, F2
transaction KLAC Common Stock - Restricted Stock Units Options Exercise $0 -3,216 -4.3% $0.000000 71,560 01 Aug 2021 Direct F3, F4, F5
transaction KLAC Common Stock Options Exercise $0 +3,216 +636% $0.000000 3,722 01 Aug 2021 Direct F4
transaction KLAC Common Stock Tax liability $0 -1,595 -43% $0.000000 2,127 01 Aug 2021 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Purchased under the registrant's employee stock purchase plan.
F2 Represents 85% of the closing price of the registrant's stock on the employee stock purchase plan start date.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA common stock.
F4 On August 1, 2019, the Reporting Person was granted RSUs for 12,863 shares of KLA common stock. On August 1, 2021, 25% of the RSUs vested.
F5 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.
F6 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.