$4M of KLAC sold by Richard Wallace on 01/25/2013

Wallace Richard P sold 74,160 shares of Kla Tencor Corp stock, or $4,041,568 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on January 25, 2013.

After the transaction, Wallace Richard P's stake was reported as 48,840 shares of Kla Tencor Corp stock. In addition, Wallace Richard P performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on January 29, 2013, Wallace Richard P's sale was done indirectly through "By Trust" over 3 transactions on January 25, 2013. The share price ranged from $53.69 to $56.31 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Wallace Richard P has sold a total of 74,160 shares of Kla Tencor Corp, proceeds from the sale totaled $4,041,568. Over the same time period, Wallace Richard P has purchased no shares of Kla Tencor Corp stock. Wallace Richard P has also performed other transactions including exercise of options .

Let's take a quick, high-level look at insider trading at Kla Tencor Corp over the past 12 months. A total of 279,319 shares of Kla Tencor Corp stock was sold by insiders, totaling $14,692,689. Over the same time 12 month time period, no shares of Kla Tencor Corp were purchased by company insiders.

To view the complete SEC Filing: Kla Tencor Corp Form 4 (Insider Trading) SEC Filing