Ahmad A. Khan - Aug 5, 2021 Form 4/A - Amendment Insider Report for KLA CORP (KLAC)

Role
President, Semi Proc. Control
Signature
/s/ Jeffrey Cannon as Attorney-in-Fact for Ahmad A. Khan
Stock symbol
KLAC
Transactions as of
Aug 5, 2021
Transactions value $
-$1,485,936
Form type
4/A - Amendment
Date filed
8/11/2021, 04:57 PM
Date Of Original Report
Aug 9, 2021
Previous filing
Aug 9, 2021
Next filing
Aug 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Options Exercise $0 +8.47K +100.86% $0.00 16.9K Aug 5, 2021 Direct F1, F2
transaction KLAC Common Stock Tax liability -$1.49M -4.2K -24.9% $353.71 12.7K Aug 5, 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person vested fifty percent (50%) of the performance-based RSUs upon the date on which the Compensation Committee of KLA's Board of Directors determined the level at which theunderlying performance goals were attained (August 5, 2021) and will vest in the remaining fifty percent (50%) upon his completion of four years of service following the award (August 2, 2022). The shares ofcommon stock will be issued as the performance-based RSUs vest.
F2 This amendment to Form 4 is being filed to correct an administrative error which incorrectly reported the number of shares of KLA common stock that were beneficially owned by the Reporting Person following this reported transaction on August 5, 2021, and to report the holding for the Reporting Person as 16,872 shares of KLA common stock, instead of 14,702, following such transaction.
F3 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 5, 2021.
F4 This amendment to Form 4 is being filed to correct an administrative error which incorrectly reported the number of shares of KLA common stock that were beneficially owned by the Reporting Person following this reported transaction on August 5, 2021, and to report the holding for the Reporting Person as 12,671 shares of KLA common stock, instead of 10,501, following the reported transaction.