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APPLIED MATERIALS INC /DE — Director's Dealing 2014
Dec 11, 2014
29806_dirs_2014-12-10_74b33a08-896d-41ad-99c6-aac9d6023ddb.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: 2014-12-08
Reporting Person: READ CHARLES (Corp. VP, Corp. Contrlr. & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-12-08 | Common Stock | A | 18564 | — | Acquired | 46147 | Direct |
Footnotes
F1: Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur in four equal annual installments beginning January 1, 2016 (subject to continued employment through each applicable vest date).
F2: Number of shares includes 22,500 restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning October 1, 2015 (subject to continued employment through each applicable vesting date). Notwithstanding the foregoing, vesting of shares that is scheduled to occur in calendar year 2015, subject to Mr. Read's consent, will accelerate as of the date that is three trading days prior to the expected date of consummation of the transactions contemplated in connection with the business combination agreement, dated September 24, 2013, between Applied and Tokyo Electron Limited, as amended (subject to Mr. Read's continued employment and being a "disqualified individual" under IRS Code Section 4985 through the accelerated vest date).