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APPLIED MATERIALS INC /DE — Director's Dealing 2011
Dec 8, 2011
29806_dirs_2011-12-07_4b6165f6-b647-41ae-9b79-23e020b3165a.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: 2011-12-05
Reporting Person: Nalamasu Omkaram (Corporate VP, CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-12-05 | Common Stock | A | 125000 | — | Acquired | 236430 | Direct |
Footnotes
F1: Represents performance shares (restricted stock units) that will be converted on a one-for-one basis into shares of Applied Materials, Inc. common stock upon vesting. These performance shares will vest only after the achievement of specified performance goals. Provided such goals are achieved, vesting is scheduled to occur no earlier than in four equal annual installments beginning December 19, 2012 (subject to continued employment through each vest date). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 150% of the target amount, depending on achievement of specified performance goals.
F2: Number of shares includes 90,500 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) 5,000 shares are scheduled to vest in installments during each of July of 2012 and 2013; (b) 42,000 shares are scheduled to vest in installments during each of February of 2012 through 2015; and (c) 43,500 shares are scheduled to vest in installments during each January of 2012 through 2015 (all vesting is subject to continued employment through each
vesting date).