Senior Vice President Chylak Robert Nestor covered exercise/tax liability with 2,802 shares, decreasing direct ownership by 8% to 32,157 units (SEC Form 4)
$KLIC
Semiconductors
Technology
| 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 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
KULICKE & SOFFA INDUSTRIES INC [ KLIC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/11/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 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 | 10/11/2024 | F(1) | 610(2) | D | $45.27 | 34,349 | D | |||
| Common Stock | 10/14/2024 | F(1) | 675(3) | D | $46.61 | 33,674 | D | |||
| Common Stock | 10/15/2024 | F(1) | 484(4) | D | $44.22 | 33,190 | D | |||
| Common Stock | 10/15/2024 | F(1) | 1,033(5) | D | $44.22 | 32,157 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (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: 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 | ||||||||
| Explanation of Responses: |
| 1. This Form 4 is being filed late due to administrative error. |
| 2. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 2,139 restricted stock units (RSUs) on October 11, 2024. This RSU vesting is in connection to an RSU award granted on October 11, 2023 of 6,417 shares. These shares that were withheld were not issued to or sold by the Reporting Person. |
| 3. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 2,368 restricted stock units (RSUs) on October 14, 2024. This RSU vesting is in connection to an RSU award granted on October 14, 2022 of 7,104 shares. These shares that were withheld were not issued to or sold by the Reporting Person. |
| 4. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 1,696 restricted stock units (RSUs) on October 15, 2024. This RSU vesting is in connection to an RSU award granted on October 15, 2021 of 5,088 shares. These shares that were withheld were not issued to or sold by the Reporting Person. |
| 5. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with issuance of 3,625 shares of common stock arising from payout under Performance Share Units (PSUs) awarded on October 15, 2021. The payment was certified and the shares were issued on October 15, 2024, each PSU convertible into one share of common stock. These shares that were withheld were not issued to or sold by the Reporting Person. |
| Remarks: |
| Zi Yao Lim, Attorney-in-Fact for Robert Nestor Chylak | 10/24/2024 | |
| ** Signature of Reporting Person | Date | |
| 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). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| 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 Number. | ||