Oreste Donzella - 03 Aug 2021 Form 4 Insider Report for KLA CORP (KLAC)

Signature
/s/ Jeffrey Cannon as Attorney-in-Fact for Oreste Donzella
Issuer symbol
KLAC
Transactions as of
03 Aug 2021
Net transactions value
-$891,480
Form type
4
Filing time
05 Aug 2021, 16:34:18 UTC
Previous filing
03 Aug 2021
Next filing
06 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Sale $326,396 -940 -16% $347.23 5,069 03 Aug 2021 Direct F1
transaction KLAC Common Stock - Restricted Stock Units Options Exercise $0 -2,345 -7.1% $0.000000 30,721 03 Aug 2021 Direct F2, F3, F4
transaction KLAC Common Stock Options Exercise $0 +2,345 +46% $0.000000 7,414 03 Aug 2021 Direct F3
transaction KLAC Common Stock Tax liability $403,433 -1,163 -16% $346.89 6,251 03 Aug 2021 Direct F5
transaction KLAC Common Stock - Restricted Stock Units Options Exercise $0 -938 -3.1% $0.000000 29,783 03 Aug 2021 Direct F2, F4, F6
transaction KLAC Common Stock Options Exercise $0 +938 +15% $0.000000 7,189 03 Aug 2021 Direct F6
transaction KLAC Common Stock Tax liability $161,651 -466 -6.5% $346.89 6,723 03 Aug 2021 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 22, 2021.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA common stock.
F3 The remaining fifty percent (50%) of the performance-based RSUs that were granted to the Reporting Person on August 3, 2017, vested upon his completion of four years of service following the grant of the award.
F4 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.
F5 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 3, 2021.
F6 On August 3, 2017, the Reporting Person was granted RSUs for 3,752 shares of KLA common stock. On August 3, 2021, the remaining 25% of the RSUs vested.