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APPLIED MATERIALS INC /DE — Director's Dealing 2011
Mar 11, 2011
29806_dirs_2011-03-10_2d5b15ac-8122-4350-9bab-8c53dd67de48.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: DE GEUS AART (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-08 | Common Stock | A | 12666 | — | Acquired | 70630 | 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 28,051 performance shares (restricted stock units) previously reported that in the future will be converted on a one-for-one basis into Applied Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 5,000 shares are scheduled to vest on 7/23/2011, and (b) 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).