Sec Form 4 Filing - Glasser Lance A @ KLA TENCOR CORP - 2007-02-08

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Glasser Lance A
2. Issuer Name and Ticker or Trading Symbol
KLA TENCOR CORP [ KLAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
C/O KLA-TENCOR CORPORATION, 160 RIO ROBLES
3. Date of Earliest Transaction (MM/DD/YY)
02/08/2007
(Street)
SAN JOSE, CA95130
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/08/2007 M 4,300 A $ 10.63 8,425 D
Common Stock 02/08/2007 S 4,300 D $ 51.2 4,125 D
Common Stock 02/08/2007 M 700 A $ 10.63 4,825 D
Common Stock 02/08/2007 S 700 D $ 51.21 4,125 D
Common Stock-Restricted Stock Units ( 1 ) 33,333 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 10.63 02/08/2007 M 4,300 08/31/1999 08/31/2008 Common Stock 4,300 $ 51.2 700 D
Non-Qualified Stock Option (right to buy) $ 10.63 02/08/2007 M 700 08/31/1999 08/31/2008 Common Stock 700 $ 51.21 0 D
Non-Qualified Stock Option (right to buy) $ 26.25 11/10/2001 11/10/2010 Common Stock 5,000 5,000 D
Non-Qualified Stock Option (right to buy) $ 29.31 10/02/2002 10/02/2011 Common Stock 22,500 22,500 D
Non-Qualified Stock Option (right to buy) $ 32.75 04/04/2002 04/04/2011 Common Stock 5,000 5,000 D
Non-Qualified Stock Option (right to buy) $ 33.75 10/27/2000 10/27/2009 Common Stock 20,000 20,000 D
Non-Qualified Stock Option (right to buy) $ 34.67 11/08/2003 01/28/2013 Common Stock 9,000 9,000 D
Non-Qualified Stock Option (right to buy) $ 37.05 11/08/2003 11/08/2012 Common Stock 4,500 4,500 D
Non-Qualified Stock Option (right to buy) $ 40.66 10/27/2004 08/02/2014 Common Stock 3,750 3,750 D
Non-Qualified Stock Option (right to buy) $ 41.79 09/21/2005 09/21/2014 Common Stock 75,000 75,000 D
Non-Qualified Stock Option (right to buy) $ 42.28 11/30/2000 11/30/2009 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $ 44.6875 08/13/2000 08/13/2010 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $ 45.16 10/27/2004 04/26/2014 Common Stock 6,250 6,250 D
Non-Qualified Stock Option (right to buy) $ 47.95 09/26/2006 09/26/2012 Common Stock 75,000 75,000 D
Non-Qualified Stock Option (right to buy) $ 51.229 11/08/2003 07/30/2013 Common Stock 4,500 4,500 D
Non-Qualified Stock Option (right to buy) $ 53.86 10/27/2004 10/27/2013 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $ 58.1 10/27/2004 01/27/2014 Common Stock 5,000 5,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Glasser Lance A
C/O KLA-TENCOR CORPORATION
160 RIO ROBLES
SAN JOSE, CA95130
Executive Vice President
Signatures
Lance Glasser 02/11/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit represents a contingent right to receive one share of KLAC common stock.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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