Form Type: 4

SEC EDGAR Link
Accession Number:0001628280-19-014418
Date:2019-11-20
Issuer: KLA CORP (KLAC)
Original Submission Date:

Reporting Person:

HIGGINS BREN D.
ONE TECHNOLOGY DRIVE
MILPITAS, CA 95035

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK - RESTRICTED STOCK UNITS 2019-11-20 A 13,813 a $0.00 53,627 direct
COMMON STOCK 2019-11-20 0 $0.00 1,692 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 each restricted stock unit ("rsu") represents a contingent right to receive one share of kla common stock.
f2 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, 13,813 shares became eligible to vest on march 20, 2022, subject to continued service on that date.
f3 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.
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