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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
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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.