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APPLIED MATERIALS INC /DE — Director's Dealing 2011
Jul 7, 2011
29806_dirs_2011-07-06_56eca85b-bed1-403c-b2a5-4b67862e733f.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: 2011-07-01
Reporting Person: EDMAN THOMAS T (Group VP & GM, Display and AKT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-07-01 | Common Stock | F | 2293 | $13.29 | Disposed | 161153 | 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 134,000 performance shares (restricted stock units) 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) 6,000 shares are scheduled to vest during August 2011; (b) 12,500 shares are scheduled to vest in installments during each July of 2012 and 2013; (c) 93,000 shares are scheduled to vest in installments during each January of 2012 through 2015; and (d) 22,500 shares are scheduled to vest in installments during each February of 2012 through 2014 (all vesting is subject to continued employment through each vest date).