Annual report pursuant to Section 13 and 15(d)

Insider Trading Arrangements

v3.23.2
Insider Trading Arrangements
 3 Months Ended 12 Months Ended
Jun. 30, 2023
shares
Jun. 30, 2023
shares
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
In the fourth quarter of fiscal 2023, the following officers adopted trading plans to sell shares of our common stock that have been or will be issued upon the vesting of RSUs, or purchased in our employee stock purchase plan, that are intended to satisfy the affirmative defense condition set forth in Rule 10b5-1(c) under the Exchange Act. The material terms of the trading plans other than pricing conditions are set forth in the table below:
Name of Officer
Title of Officer
Date of Adoption
Duration
Maximum Number of Shares to be Sold*
Virendra Kirloskar Senior Vice President and Chief Accounting Officer May 3, 2023
366 days**
 4,712
Ahmad Khan President, Semiconductor Process Control June 2, 2023
179 days***
 27,696
* Due to pricing conditions in the trading plans, the number of shares actually sold under the trading plans may be less than the maximum number of shares that can be sold. Shares sold under plans upon the vesting of PRSUs where the performance conditions have not been met at the time of plan adoption or are to be purchased in the future under our employee stock purchase plan are calculated at the maximum number of shares that may be issued, with fractional shares disregarded.

** Mr. Kirloskar’s trading plan terminates when the last trade is placed under the plan. The last scheduled trade is on August 14, 2023; provided that if any scheduled trades are not placed because of trading conditions set forth in the plan, the trading plan will terminate on May 3, 2024.

*** Mr. Khan’s trading plan terminates when the last trade is placed under the plan. The last scheduled trade is on November 10, 2023; provided that if any scheduled trades are not placed because of trading conditions set forth in the plan, the trading plan will terminate on November 28, 2023.
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
Virendra Kirloskar [Member]    
Trading Arrangements, by Individual    
Name Virendra Kirloskar  
Title Senior Vice President and Chief Accounting Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date May 3, 2023  
Arrangement Duration 366 days  
Aggregate Available 4,712 4,712
Ahmad Khan [Member]    
Trading Arrangements, by Individual    
Name Ahmad Khan  
Title President, Semiconductor Process Control  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date June 2, 2023  
Arrangement Duration 179 days  
Aggregate Available 27,696 27,696