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"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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| FORM 4 |
| 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
| ( 1 )On August 4, 2016, the Reporting Person received a grant of RSUs covering 27,600 shares of KLA-Tencor common stock. On August 4, 2017, the Reporting Person vested in 25% of such RSUs.|
( 2 )Pursuant to such terms of the August 4, 2016 RSU grant, 3,601 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
( 3 )On August 6, 2013, August 6, 2013, and August 6, 2015, the Reporting Person received a grant of RSUs or PRSUs covering 13,350 (RSU), 13,350 (PRSU) and 17,650 (RSU) shares of KLA-Tencor common stock, respectively. On August 6, 2017, the Reporting Person vested in 25% of such RSUs and 50% of the PRSUs.
( 4 )Pursuant to such terms of the August 6, 2013, August 6, 2013 and August 6, 2015 grants, 8,300 shares of KLA-Tencor common stock were automatically withheld at vesting to cover required tax withholding.
( 5 )Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA-Tencor common stock.
( 6 )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.
|* If the form is filed by more than one reporting person, see Instruction 4(b)(v).|
|** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).|