UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lorig Brian ONE TECHNOLOGY DRIVE MILPITAS, CA 95035 |
 |  |  SVP |  |
/s/ Teri A. Little, attorney-in-fact for Brian Lorig | 02/07/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | Each restricted stock unit ("RSU") represents a contingent right to receive one share of KLA-Tencor common stock. 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. |
(2) | Consists of eight different RSU awards covering: (1) 1,528 shares, which will vest as to all of the shares on September 4, 2017; (2) 1,100 shares, which will vest as to 50% of the shares on September 4, 2017 and 2018; (3) 1,985 shares, which will vest as to 33% of the shares on September 3, 2017, 2018 and 2019; (4) 6,022 shares, which will vest as to 25% of the shares on November 11, 2017, 2018, 2019 and 2020; (5) 3,100 shares, which will vest as to 50% of the shares on August 4, 2018 and 2020; (6) 6,200 shares, which will vest as to 25% of the shares on August 4, 2017, 2018, 2019 and 2020; (7) 1,000 shares, all of which vests on February 6, 2017; and (8) 611 shares, all of which vests on September 4, 2017, in each case subject to continued service on the applicable vesting date. |