AI assistant
APPLIED MATERIALS INC /DE — Director's Dealing 2013
Aug 26, 2013
29806_dirs_2013-08-26_0e280b3a-877a-4308-b94e-c50a6919d450.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2013-08-22
Reporting Person: Humiston Mary E (Senior VP, Global HR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-08-22 | Common Stock | M | 45000 | $8.58 | Acquired | 738536 | Direct |
| 2013-08-22 | Common Stock | S | 45000 | $15.65 | Disposed | 693536 | Direct |
| 2013-08-22 | Common Stock | S | 72173 | $15.67 | Disposed | 621363 | Direct |
| 2013-08-23 | Common Stock | S | 2827 | $15.67 | Disposed | 618536 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-22 | Employee Stock Option (Right to Buy) | $8.58 | M | 45000 | Disposed | 2014-03-09 | Common Stock (45000) | Direct |
Footnotes
F1: Number of shares includes 529,375 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) 56,250 shares are scheduled to vest in installments during each September of 2013 through 2015; (b) 100,625 shares are scheduled to vest in installments during each December of 2013 and 2014; (c) provided specified performance goals are achieved, 22,500 shares will be scheduled to vest in December 2013; and (d) provided specified performance goals are achieved, 350,000 shares will be scheduled to vest in installments during each December of 2013 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).
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.61 to $15.69, inclusive. The reporting person undertakes to provide to Applied Materials, Inc., any security holder of Applied Materials, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.64 to $15.70, inclusive. The reporting person undertakes to provide to Applied Materials, Inc., any security holder of Applied Materials, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 3 to this Form 4.
F4: Shares became exercisable in three equal annual installments beginning on April 1, 2010.