Levy Asher 4

Accession 0001628280-19-001763

CIK 0000319201other

View on SEC.gov Company Profile

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 4:34 PM ET

Size

34.0 KB

Accession

0001628280-19-001763

Insider Transaction Report

Form 4

Period: 2019-02-20

KLA TENCOR CORPKLAC

Levy Asher

CEO - Orbotech Ltd.

Transactions

Award
Common Stock - Restricted Stock Units
2019-02-20+2,985→ 19,700 total
Award
Common Stock
2019-02-20+317→ 26,590 total
Award
Common Stock - Restricted Stock Units
2019-02-20+2,323→ 39,997 total
Award
Common Stock
2019-02-20+26,273→ 26,273 total
Award
Common Stock
2019-02-20+757→ 27,347 total
Award
Common Stock - Restricted Stock Units
2019-02-20+16,715→ 16,715 total
Award
Common Stock - Restricted Stock Units
2019-02-20+995→ 20,695 total
Award
Common Stock - Restricted Stock Units
2019-02-20+3,338→ 24,033 total
Award
Common Stock - Restricted Stock Units
2019-02-20+1,390→ 25,423 total
Award
Common Stock - Restricted Stock Units
2019-02-20+6,676→ 32,099 total
Award
Common Stock - Restricted Stock Units
2019-02-20+5,575→ 37,674 total
Award
Common Stock - Restricted Stock Units
2019-02-20+2,911→ 42,908 total
Award
Common Stock - Restricted Stock Units
2019-02-20+1,213→ 44,121 total
Award
Non-Qualified Stock Option (Right to Buy)
2019-02-20+2,576→ 2,576 total
Exercise: $103.05From: 2020-06-21Exp: 2025-06-20→ Common Stock (2,576 underlying)
Award
Non-Qualified Stock Option (Right to Buy)
2019-02-20+4,901→ 4,901 total
Exercise: $53.81From: 2019-06-29Exp: 2024-06-28→ Common Stock (4,901 underlying)
Award
Non-Qualified Stock Option (Right to Buy)
2019-02-20+3,174→ 3,174 total
Exercise: $44.94From: 2019-09-12Exp: 2023-09-11→ Common Stock (3,174 underlying)

Footnotes (21)

[F1]Received in exchange for 105,095 ordinary shares of Orbotech Ltd. in connection with the merger (the "Merger") of Tiburon Merger Sub Technologies Ltd. with and into Orbotech Ltd. Pursuant to the agreement governing the merger, each Orbotech ordinary share is entitled to receive $38.86 and 0.25 of a share of KLA-Tencor Corporation common stock, with cash in lieu of a fractional share.
[F10]Assumed by KLA-Tencor Corporation in connection with the Merger. Formerly represented unvested restricted stock units for 2,276 ordinary shares of Orbotech Ltd. The RSU vests as to 50% of the underlying shares on each of September 12, 2019 and September 12, 2020.
[F11]Assumed by KLA-Tencor Corporation in connection with the Merger. Formerly represented unvested restricted stock units for 10,928 ordinary shares of Orbotech Ltd. The RSU vests as to 50% of the underlying shares on each of September 12, 2019 and September 12, 2020.
[F12]Assumed by KLA-Tencor Corporation in connection with the Merger. Formerly represented unvested restricted stock units for 9,126 ordinary shares of Orbotech Ltd. The RSU vests as to 50% of the underlying shares on June 29, 2019 and 25% of the underlying shares on each of June 29, 2020 and 2021.
[F13]Assumed by KLA-Tencor Corporation in connection with the Merger. Formerly represented unvested restricted stock units for 3,803 ordinary shares of Orbotech Ltd. The RSU vests as to 50% of the underlying shares on June 29, 2019 and 25% of the underlying shares on each of June 29, 2020 and 2021.
[F14]Assumed by KLA-Tencor Corporation in connection with the Merger. Formerly represented unvested restricted stock units for 4,766 ordinary shares of Orbotech Ltd. The RSU vests as to 50% of the underlying shares on June 21, 2020 and 25% of the underlying shares on each of June 21, 2021 and 2022.
[F15]Assumed by KLA-Tencor Corporation in connection with the Merger. Formerly represented unvested restricted stock units for 1,986 ordinary shares of Orbotech Ltd. The RSU vests as to 50% of the underlying shares on June 21, 2020 and 25% of the underlying shares on each of June 21, 2021 and 2022.
[F16]Received in exchange for unvested options to purchase 4,217 Orbotech Ltd. ordinary shares at an exercise price of $62.95 per share in connection with the Merger.
[F17]Vests as to 50% of the underlying shares on June 21, 2020 and 25% of the underlying shares on each of June 21, 2021 and 2022.
[F18]Received in exchange for unvested options to purchase 8,024 Orbotech Ltd. ordinary shares at an exercise price of $32.87 per share in connection with the Merger.
[F19]Vests as to 50% of the underlying shares on June 29, 2019 and 25% of the underlying shares on each of June 29, 2020 and 2021.
[F2]Received in exchange for 1,666 vested options to purchase Orbotech Ltd. ordinary shares at an exercise price of $15.57 per ordinary share in connection with the Merger.
[F20]Received in exchange for unvested options to purchase 5,196 Orbotech Ltd. ordinary shares at an exercise price of $27.45 per share in connection with the Merger.
[F21]Vests as to 50% of the underlying shares on each of September 12, 2019 and 2020.
[F3]Received in exchange for 5,197 vested options to purchase Orbotech Ltd. ordinary shares at an exercise price of $27.45 per ordinary share in connection with the Merger.
[F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA-Tencor common stock.
[F5]On February 20, 2019 the reporting person received a grant of RSUs which vest as to 50% of the award on July 1, 2019 and as to the remaining 50% of the award on December 31, 2019, subject to continued service.
[F6]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.
[F7]Assumed by KLA-Tencor Corporation in connection with the Merger. Formerly represented unvested restricted stock units for 4,887 ordinary shares of Orbotech Ltd. The RSUs vest in full on August 3, 2019.
[F8]Assumed by KLA-Tencor Corporation in connection with the Merger. Formerly represented unvested restricted stock units for 1,629 ordinary shares of Orbotech Ltd. The RSUs vest in full on August 3, 2019.
[F9]Assumed by KLA-Tencor Corporation in connection with the Merger. Formerly represented unvested restricted stock units for 5,464 ordinary shares of Orbotech Ltd. The RSU vests as to 50% of the underlying shares on each of September 12, 2019 and September 12, 2020.

Documents

1 file

4
wf-form4_155087122906886.xmlPrimary
FORM 4

Issuer

KLA TENCOR CORP

CIK 0000319201

→

Entity typeother

Related Parties

filerCIK 0001767689

Filing Metadata

Form type: 4
Filed: Feb 21, 7:00 PM ET
Accepted: Feb 22, 4:34 PM ET
Size: 34.0 KB

View on SEC.gov