Virendra A. Kirloskar - 01 Aug 2021 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey Cannon, attorney-in-fact for Virendra Kirloskar
Issuer symbol
KLAC
Transactions as of
01 Aug 2021
Net transactions value
-$306,539
Form type
4
Filing time
03 Aug 2021, 17:26:02 UTC
Previous filing
06 Jul 2021
Next filing
05 Aug 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 -643 -9% $0.000000 6,472 01 Aug 2021 Direct F1, F2, F3
transaction KLAC Common Stock Options Exercise $0 +643 +216% $0.000000 940 01 Aug 2021 Direct F2
transaction KLAC Common Stock Tax liability $77,640 -223 -24% $348.16 717 01 Aug 2021 Direct F4
transaction KLAC Common Stock Sale $146,227 -420 -59% $348.16 297 02 Aug 2021 Direct F5
transaction KLAC Common Stock - Restricted Stock Units Options Exercise $0 -690 -11% $0.000000 5,782 02 Aug 2021 Direct F1, F3, F6
transaction KLAC Common Stock Options Exercise $0 +690 +232% $0.000000 987 02 Aug 2021 Direct F6
transaction KLAC Common Stock Tax liability $82,672 -239 -24% $345.91 748 02 Aug 2021 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of KLA common stock.
F2 On August 1, 2019, the Reporting Person was granted RSUs for 2,573 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 March 3, 2021.
F6 On August 2, 2018, the Reporting Person was granted RSUs for 2,759 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.