Document
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 5, 2019

KLA CORPORATION
(Exact name of registrant as specified in its charter)
 
 
 
Delaware
000-09992
04-2564110
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
One Technology Drive
Milpitas
California
 
95035
(Address of principal executive offices)
(Zip Code)
 
 
Registrant’s telephone number, including area code:
(408) 875-3000

 
 
 
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.001 par value per share
KLAC
The Nasdaq Stock Market, LLC
 
 
The Nasdaq Global Select Market








Item 5.07
Submission of Matters to a Vote of Security Holders.

KLA Corporation (the "Company") held its 2019 annual meeting of stockholders (the "2019 Annual Meeting") on November 5, 2019. Of the 158,462,804 shares of Company common stock entitled to vote at the 2019 Annual Meeting, 141,636,266 shares, or 89.4%, were present in person or by proxy at the 2019 Annual Meeting. Three proposals were considered at the 2019 Annual Meeting:

Proposal One: At the 2019 Annual Meeting, the stockholders elected the ten candidates nominated by the Company's board of directors to serve as directors for one-year terms, each until his or her successor is duly elected. The table below presents the voting results for Proposal One:

Name
For
Against
Abstain
Broker Non-Votes
Edward Barnholt
126,012,715

5,083,778

1,028,302

9,511,470

Robert Calderoni
127,533,828

3,562,146

1,028,821

9,511,470

Jeneanne Hanley
130,260,484

837,410

1,026,901

9,511,470

Emiko Higashi
130,080,033

1,019,022

1,025,740

9,511,470

Kevin Kennedy
126,290,990

4,802,856

1,030,949

9,511,470

Gary Moore
120,015,288

11,078,789

1,030,718

9,511,470

Kiran Patel
130,110,228

987,381

1,027,186

9,511,470

Victor Peng
130,056,976

1,035,704

1,032,115

9,511,470

Robert Rango
129,679,168

1,414,078

1,031,549

9,511,470

Richard Wallace
130,455,045

642,901

1,026,849

9,511,470


Proposal Two: The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2020. The table below presents the voting results for Proposal Two:

For
Against
Abstain
Broker Non-Votes
136,207,028

4,411,043

1,018,195



Proposal Three: The stockholders approved, on a non-binding advisory basis, the compensation of the Company's named executive officers, as disclosed in the Proxy Statement for the 2019 Annual Meeting. The table below presents the voting results for Proposal Three:

For
Against
Abstain
Broker Non-Votes
112,253,502

18,786,530

1,084,764

9,511,470


Item 8.01
Other Events.

On November 6, 2019, the Company issued a press release announcing that the Company's board of directors has declared a cash dividend of $0.85 per share on the Company's common stock. Such dividend shall be payable on December 3, 2019 to stockholders of record as of the close of business on November 18, 2019. A copy of the press release is attached here as Exhibit 99.1.

Item 9.01
Financial Statements and Exhibits.

(d)    Exhibits






The following exhibit is filed herewith.

Exhibit No.
 
Description
99.1

 





SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
 
 
 
 
 
 
 
 
KLA CORPORATION
 
 
 
 
 
Date: November 7, 2019
 
 
 
By:
 
/s/ TERI A. LITTLE
 
 
 
 
 
Name:
 
Teri A. Little
 
 
 
 
 
Title:
 
Executive Vice President and Chief Legal Officer





Exhibit

Investor Relations:
Media Relations:
Kevin Kessel, CFA
Becky Howland, Ph.D.
Vice President, Investor Relations
Sr. Director, Corporate Communications
 
 
kevin.kessel@kla.com 

KLA Declares Regular Cash Dividend
MILPITAS, Calif., Nov. 6, 2019KLA Corporation (NASDAQ: KLAC) announced today that its board of directors has declared a quarterly cash dividend of $0.85 per share on its common stock, payable on Dec. 3, 2019 to KLA shareholders of record as of the close of business on Nov. 18, 2019.
https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg
About KLA:
KLA develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. Additional information may be found at www.kla.com (KLAC-F).