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APPLIED MATERIALS INC /DE — Director's Dealing 2009
Dec 23, 2009
29806_dirs_2009-12-22_322910bb-7f1e-4b02-b649-64b9fb6f6f00.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2009-12-19
Reporting Person: Pinto Mark (Chief Technology Officer & EVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-12-19 | Common Stock | F | 35859 | $13.62 | Disposed | 347695 | Direct |
Footnotes
F1: Represents shares that were automatically withheld upon vesting of performance shares (restricted stock units) to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
F2: Number of shares includes 186,250 performance shares (restricted stock units) previously reported that in the future will be converted on a one-for-one basis into shares of Applied Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 56,250 performance shares are scheduled to vest on 12/19/10; (b) 70,000 performance shares are scheduled to vest in two equal annual installments beginning 12/19/10; and (c) provided specified performance goals are achieved, 60,000 performance shares are scheduled to vest (i) as to 45,000 shares no earlier than on 12/19/10 and (ii) as to 15,000 shares no earlier than on 12/19/11 (all vesting is subject to continued employment through each vesting date).