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APPLIED MATERIALS INC /DE — Director's Dealing 2011
Sep 3, 2011
29806_dirs_2011-09-02_5c9b5ba8-e461-4ed5-8c69-839c4bb6723d.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: 2011-08-31
Reporting Person: Nalamasu Omkaram (Corporate VP, CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-08-31 | Common Stock | F | 1101 | $11.32 | Disposed | 111430 | 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: Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-10 and 16b-3. 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).