0001628280-19-010340.txt : 20190807
0001628280-19-010340.hdr.sgml : 20190807
20190807185626
ACCESSION NUMBER: 0001628280-19-010340
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190805
FILED AS OF DATE: 20190807
DATE AS OF CHANGE: 20190807
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Higgins Bren D.
CENTRAL INDEX KEY: 0001582049
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-09992
FILM NUMBER: 191007011
MAIL ADDRESS:
STREET 1: ONE TECHNOLOGY DRIVE
CITY: MILPITAS
STATE: CA
ZIP: 95035
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: KLA CORP
CENTRAL INDEX KEY: 0000319201
STANDARD INDUSTRIAL CLASSIFICATION: OPTICAL INSTRUMENTS & LENSES [3827]
IRS NUMBER: 042564110
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: ONE TECHNOLOGY DRIVE
CITY: MILPITAS
STATE: CA
ZIP: 95035
BUSINESS PHONE: 4088753000
MAIL ADDRESS:
STREET 1: ONE TECHNOLOGY DRIVE
CITY: MILPITAS
STATE: CA
ZIP: 95035
FORMER COMPANY:
FORMER CONFORMED NAME: KLA TENCOR CORP
DATE OF NAME CHANGE: 19970505
FORMER COMPANY:
FORMER CONFORMED NAME: KLA INSTRUMENTS CORP
DATE OF NAME CHANGE: 19920703
4
1
wf-form4_156521857096887.xml
FORM 4
X0306
4
2019-08-05
0
0000319201
KLA CORP
KLAC
0001582049
Higgins Bren D.
C/O KLA-TENCOR CORPORATION
ONE TECHNOLOGY DRIVE
MILPITAS
CA
95035
0
1
0
0
EVP & Chief Financial Officer
Common Stock - Restricted Stock Units
2019-08-05
4
M
0
2814
0
D
58868
D
Common Stock
2019-08-05
4
M
0
2814
0
A
7351
D
Common Stock
2019-08-05
4
F
0
1396
133.24
D
5955
D
Common Stock
2019-08-05
4
S
0
1654
130.10
D
4301
D
Common Stock - Restricted Stock Units
2019-08-06
4
M
0
8215
0
D
50653
D
Common Stock
2019-08-06
4
M
0
8215
0
A
12516
D
Common Stock
2019-08-06
4
F
0
4073
135.64
D
8443
D
Common Stock - Restricted Stock Units
2019-08-06
4
M
0
3312
0
D
47341
D
Common Stock
2019-08-06
4
M
0
3312
0
A
11755
D
Common Stock
2019-08-06
4
F
0
1643
135.64
D
10112
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA common stock.
On August 3, 2017, the reporting person was granted 11,256 RSUs. On August 3, 2019, 25% of those shares vested but were not released until August 5, 2019.
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.
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, 2019.
This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on June 11, 2019.
On August 6, 2015, the reporting person was granted performance RSUs which the Compensation Committee determined in 2018 was for 16,430 shares based on the achievement of performance criteria. On August 6, 2019, the remaining 50% of the award vested.
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 6, 2019.
On August 6, 2015, the reporting person was granted 13,250 RSUs. On August 6, 2019, the remaining RSUs vested.
/s/ Teri A. Little as Attorney-in-Fact for Bren D. Higgins
2019-08-07