RICHARD P. WALLACE - 11 Apr 2022 Form 4 Insider Report for KLA CORP (KLAC)

Role
President and CEO, Director
Signature
/s/ Jeffrey Cannon as attorney-in-fact for Richard P. Wallace
Issuer symbol
KLAC
Transactions as of
11 Apr 2022
Net transactions value
-$6,810,714
Form type
4
Filing time
13 Apr 2022, 09:03:13 UTC
Previous filing
31 Aug 2021
Next filing
03 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLAC Common Stock Tax liability $6,810,714 -20,547 -8.2% $331.47 231,149 11 Apr 2022 Direct F1, F2
holding KLAC Common Stock 9,182 11 Apr 2022 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the restricted stock units ("RSUs") granted on April 11, 2019, 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 April 11, 2022.
F2 Includes RSUs to acquire 154,061 shares of KLA common stock.
F3 Shares held under the Wallace Living Trust u/a/d 03/27/01, as amended, a trust of which the Reporting Person is a trustee and beneficiary.