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APPLIED MATERIALS INC /DE — Director's Dealing 2011
Mar 11, 2011
29806_dirs_2011-03-10_c684ff69-6e0a-4c19-a03f-641005f3bf4b.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: 2011-03-08
Reporting Person: PARKER GERHARD H (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-08 | Common Stock | A | 12666 | — | Acquired | 123430 | Direct |
Footnotes
F1: Represents automatic annual grant of performance shares (restricted stock units) to non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. Employee Stock Incentive Plan. These performance shares 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 in four equal annual installments beginning 3/1/2012 (subject to continued service as a director through each vest date).
F2: Number of shares includes: (a) 25,551 performance shares 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) 2,500 shares are scheduled to vest in October 2011, and (ii) 23,051 shares are scheduled to vest in installments during each March of 2012 through 2014 (all vesting is subject to continued service as a director through each vest date); and (b) 62,800 shares of Applied Materials, Inc. common stock held in a living trust.