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APPLIED MATERIALS INC /DE Director's Dealing 2013

Dec 23, 2013

29806_dirs_2013-12-23_21577488-5b34-44fb-a84a-b9cf4767a948.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: 2013-12-19

Reporting Person: Humiston Mary E (Senior VP, Global HR)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-12-19 Common Stock F 31408 $16.88 Disposed 557775 Direct

Footnotes

F1: Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2: Decreased number of shares reflects 22,500 performance shares previously reported that have been forfeited as specified performance goals were not fully achieved. Number of shares includes 425,000 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 will be scheduled to occur as follows: (a) 37,500 shares are scheduled to vest in installments during each September of 2014 and 2015; (b) 37,500 shares are scheduled to vest in December 2014; and (c) provided specified performance goals are achieved, 350,000 shares will be scheduled to vest in installments during each December of 2014 through 2016, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 150% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vesting date).