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APPLIED MATERIALS INC /DE — Director's Dealing 2013
Feb 21, 2013
29806_dirs_2013-02-20_6990a059-5f76-4ebb-9ebc-7cbaabd0f9cd.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: 2013-02-19
Reporting Person: Nalamasu Omkaram (Group VP, CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-19 | Common Stock | S | 3800 | $13.79 | Disposed | 414295 | Direct |
| 2013-02-19 | Common Stock | S | 5500 | $13.80 | Disposed | 408795 | Direct |
| 2013-02-19 | Common Stock | S | 2400 | $13.81 | Disposed | 406395 | Direct |
| 2013-02-19 | Common Stock | S | 8710 | $13.82 | Disposed | 397685 | Direct |
Footnotes
F1: Number of shares includes 366,250 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 is scheduled to occur as follows: (a) 2,500 shares are scheduled to vest in July 2013; (b) 19,000 shares are scheduled to vest in installments during each February of 2014 and 2015; (c) 19,750 shares are scheduled to vest in installments during each January of 2014 and 2015; and (d) provided specified performance goals are achieved, 325,000 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).