0001628280-19-014416.txt : 20191121
0001628280-19-014416.hdr.sgml : 20191121
20191121172400
ACCESSION NUMBER: 0001628280-19-014416
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: WALLACE RICHARD P
CENTRAL INDEX KEY: 0001196898
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-09992
FILM NUMBER: 191238122
MAIL ADDRESS:
STREET 1: KLA TENCOR
STREET 2: 160 RIO ROBLES
CITY: SAN JOSE
STATE: CA
ZIP: 95134
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_157437502496247.xml
FORM 4
X0306
4
2019-11-20
0
0000319201
KLA CORP
KLAC
0001196898
WALLACE RICHARD P
ONE TECHNOLOGY DRIVE
MILPITAS
CA
95035
1
1
0
0
President and CEO
Common Stock - Restricted Stock Units
2019-11-20
4
A
0
41441
0
A
131904
D
Common Stock
93964
D
Common Stock
9182
I
By Trust
Each RSU represents a contingent right to receive one share of KLA common stock.
On April 11, 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, 41,441 shares became eligible to vest on April 11, 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.
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.
/s/ Teri Little as Attorney-in-Fact for Richard P. Wallace
2019-11-21