Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

APPLIED MATERIALS INC /DE Director's Dealing 2013

May 30, 2013

29806_dirs_2013-05-30_e338fa5b-efac-46d6-b843-1a5125721acd.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2013-05-29

Reporting Person: Thakur Randhir (EVP & GM, Silicon Systems)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-29 Common Stock M 150000 $8.58 Acquired 1257460 Direct
2013-05-29 Common Stock S 150000 $14.78 Disposed 1107460 Direct
2013-05-29 Common Stock S 75000 $14.78 Disposed 1032460 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-05-29 Employee Stock Option (Right to Buy) $8.58 M 150000 Disposed 2014-03-09 Common Stock (150000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4025.384 Indirect

Footnotes

F1: Number of shares includes: (a) 985,000 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: (i) 166,000 shares are scheduled to vest in installments during each December of 2013 and 2014; (ii) provided specified performance goals are achieved, 36,000 shares will be scheduled to vest in December 2013; (iii) provided specified performance goals are achieved, 483,000 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 the achievement of specified performance goals; and (iv) provided specified performance goals are achieved, 300,000 shares will be scheduled to vest in installments during each July 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 the achievement of specified performance goals; and (b) provided specified performance goals are achieved, 17,000 shares of restricted stock will be scheduled to vest in installments during each December of 2013 through 2015, 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 the achievement of specified performance goals (all vesting is subject to continued employment through each applicable vest date).

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.74 to $14.82, 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: Increased number of shares reflects periodic payroll acquisitions under the 401(k) Plan that are exempt under Rule 16b-3.

F4: Shares became exercisable in installments beginning on April 1, 2010.