The damper is just a piece of soft plastic smeared with thick viscous vacuum grease as has been mentioned. The critical element which is not listed, and which improper adjustment causes the destruction of said damper, are the sharp pointed grub screws and jam nut, items 3 and 4 in the diagram.
Previous owners and other folks with no understanding will turn that screw in tight thinking it will help increase damping--but all it does is pierce the plastic and crack it open. The damper works by adding a bit of drag to the rotation of the steering stem. The grub screw is a light fit to just hold the piece in place with a little side load and let the grease do the damping. To increase damping requires thicker grease, not tighter grubs.
The only time i've had tank slappers while riding with no-hands on the k75s was when the tires were either worn or under pressurized and i hit a bump or train tracks.
Aftermarket steering damper solutions exist if you feel you need some damping. i've used them on track bikes, but haven't seen much need on kbikes for the street.