0001628280-19-014417.txt : 20191121
0001628280-19-014417.hdr.sgml : 20191121
20191121172424
ACCESSION NUMBER: 0001628280-19-014417
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191120
FILED AS OF DATE: 20191121
DATE AS OF CHANGE: 20191121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lorig Brian
CENTRAL INDEX KEY: 0001697041
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-09992
FILM NUMBER: 191238123
MAIL ADDRESS:
STREET 1: ONE TECHNOLOGY DRIVE
CITY: MILPITAS
STATE: X1
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_157437504848473.xml
FORM 4
X0306
4
2019-11-20
0
0000319201
KLA CORP
KLAC
0001697041
Lorig Brian
ONE TECHNOLOGY DRIVE
MILPITAS
CA
95035
0
1
0
0
Executive Vice President
Common Stock - Restricted Stock Units
2019-11-20
4
A
0
6630
0
A
22823
D
Common Stock
566
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA common stock.
On March 20, 2019, the reporting person was granted performance-based RSUs that would be eligible to vest, subject to continued service on each vesting date, in three equal installments as early as the third, fourth and fifth anniversaries of the grant date provided that the trailing 20-day average of the closing price of KLA common stock plus cash dividends distributed per share since the grant date exceeded $174.5865, $203.6843 and $232.782, respectively. On November 20, 2019, it was determined that the 20-day trailing average plus cash dividends distributed per share since the grant date exceeded the first threshold of $174.5865. As a result, 6,630 shares became eligible to vest on March 20, 2022, subject to continued service on that date.
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.
/s/ Teri A. Little, attorney-in-fact for Brian Lorig
2019-11-20