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APPLIED MATERIALS INC /DE — Director's Dealing 2012
Jun 22, 2012
29806_dirs_2012-06-21_5b51dfae-8331-4b1c-aaf1-d2429a7dd838.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: 2012-06-19
Reporting Person: DICKERSON GARY E (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-06-19 | Common Stock | A | 500000 | — | Acquired | 500000 | Direct |
| 2012-06-19 | Common Stock | A | 550000 | $.01 | Acquired | 1050000 | Direct |
Footnotes
F1: Represents performance shares 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 July 1, 2013 (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: Represents shares of restricted stock that will vest only after the achievement of specified performance goals. Provided such goals are achieved, vesting is scheduled to occur no earlier than as to 40% of the shares on June 19, 2013, 40% of the shares on June 19, 2014, and the remaining 20% of the shares on June 19, 2015 (subject to continued employment through each vest date).
F3: Number of shares includes 500,000 performance shares described above.