Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

APPLIED MATERIALS INC /DE Director's Dealing 2010

Aug 28, 2010

29806_dirs_2010-08-27_1ca41c01-fd0b-4265-b737-d3d560b91f94.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2010-02-22

Reporting Person: SPLINTER MICHAEL R (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-22 Common Stock G 12528 Disposed 1110625 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 300000 Indirect
Common Stock 263.733 Indirect

Footnotes

F1: Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-10 and Rule 16b-3. Number of shares also includes: (a) 152,500 shares of restricted stock previously reported that are scheduled to vest as follows: (i) 37,500 shares are scheduled to vest on 12/19/10; (ii) 35,000 shares are scheduled to vest in two equal annual installments beginning 12/19/10; (iii) provided specified performance goals are achieved, 30,000 shares are scheduled to vest: (1) as to 22,500 shares no earlier than on 12/19/10 and (2) as to 7,500 shares no earlier than on 12/19/11; and (iv) provided specified performance goals are achieved, 50,000 shares are scheduled to vest no earlier than in four equal annual installments beginning 12/19/10 (all vesting is subject to continued employment through each vest date); and (Continued in footnote 2)

F2: (b) 665,000 performance shares (or 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:(i) 87,500 performance shares are scheduled to vest on 12/19/10; (ii) 122,500 performance shares are scheduled to vest in two equal annual installments beginning 12/19/10; (iii) provided specified performance goals are achieved, 105,000 performance shares are scheduled to vest: (1) as to 78,750 shares no earlier than on 12/19/10 and (2) as to 26,250 shares no earlier than on 12/19/11; and (iv) provided specified performance goals are achieved, 350,000 performance shares are scheduled to vest no earlier than in four equal annual installments beginning 12/19/10 (all vesting is subject to continued employment through each vest date).

F3: Increased number of shares reflects dividend reinvestment under the 401(k) Plan that is exempt under Rule 16b-3.