Robert Nestor Chylak - Dec 11, 2022 Form 4 Insider Report for KULICKE & SOFFA INDUSTRIES INC (KLIC)

Role: Senior Vice President
Signature: Zi Yao Lim, Attorney-in-Fact for Robert Nestor Chylak
Stock symbol: KLIC
Transactions as of: Dec 11, 2022
Transactions value $: -$226,735
Form type: 4
Date filed: 12/13/2022, 06:35 PM
Previous filing: Nov 23, 2022
Next filing: Dec 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KLIC	Common Stock	Options Exercise	$0	+2.43K	+9.94%	$0.00	26.9K	Dec 11, 2022	Direct	F1
transaction	KLIC	Common Stock	Options Exercise	$0	+1.17K	+4.36%	$0.00	28.1K	Dec 11, 2022	Direct	F2
transaction	KLIC	Common Stock	Tax liability	-$46.8K	-995	-3.54%	$47.06	27.1K	Dec 11, 2022	Direct	F3
transaction	KLIC	Common Stock	Tax liability	-$10.2K	-217	-0.8%	$47.06	26.9K	Dec 11, 2022	Direct	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KLIC	Performance Share Units	Options Exercise	-$114K	-2.43K	-100%	$47.06	0	Dec 11, 2022	Common Stock	2.43K	$0.00	Direct	F1
transaction	KLIC	Performance Share Units	Options Exercise	-$55.2K	-1.17K	-100%	$47.06	0	Dec 11, 2022	Common Stock	1.17K	$0.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance Share Units (PSUs) awarded December 11, 2019, achieved a 138% pay-out based on total shareholder return (TSR) relative to a peer group. The peer group consisted of the companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of the Performance Period with relative TSR measured over a three-year period. The pay-out was certified, and shares issued on December 11, 2022. Each PSU is convertible to one share of common stock.
F2	Performance Share Units (PSUs) awarded December 11, 2019 achieved a 200% payout based on the greater of absolute revenue growth or relative performance against each direct competitor for each year of the three-year performance period. The payout was certified and the shares issued on December 11, 2022. Each PSU is convertible into one share of common stock.
F3	Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with issuance of 3,606 shares of common stock arising from payout under the Performance Share Units (PSUs) awarded on December 11, 2019. The payment was certified and the shares were issued on December 11, 2022, each PSU convertible into one share of common stock. These shares were not issued to or sold by the Reporting Person.
F4	Represents shares automatically withheld for payment of tax liability arising as a result of the partial settlement of a restricted stock unit award (RSU) originally granted on December 11, 2019. On December 11, 2022, 784 shares of common stock had vested under the RSU.