APPLIED MATERIALS INC /DE — Director's Dealing 2015

Nov 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADESTO TECHNOLOGIES Corp (IOTS)
CIK: 0001395848
Period of Report: 2015-10-30

Reporting Person: APPLIED MATERIALS INC /DE (10% Owner)
Reporting Person: Applied Ventures, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-30	Common Stock	C	417224	—	Acquired	417224	Indirect
2015-10-30	Common Stock	C	40491	—	Acquired	457715	Indirect
2015-10-30	Common Stock	C	1050936	—	Acquired	1508651	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-30	Series A Preferred Stock	$	C	157828	Disposed		Common Stock (157828)	Indirect
2015-10-30	Series B Preferred Stock	$	C	176275	Disposed		Common Stock (176275)	Indirect
2015-10-30	Series C Preferred Stock	$	C	56722	Disposed		Common Stock (56722)	Indirect
2015-10-30	Series D Preferred Stock	$	C	39196	Disposed		Common Stock (40491)	Indirect
2015-10-30	Series D-1 Preferred Stock	$	C	26399	Disposed		Common Stock (26399)	Indirect
2015-10-30	Series E Preferred Stock	$	C	106326	Disposed		Common Stock (1050936)	Indirect

Footnotes

F1: In connection with the consummation of the Issuer's initial public offering on October 30, 2015, each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock and Series D-1 Preferred Stock automatically converted into one share of Common Stock, for no additional consideration, and had no expiration date. All shares of Common Stock issued upon conversion were aggregated.

F2: Shares are owned directly by Applied Ventures, LLC ("Ventures"), a wholly owned subsidiary of Applied Materials, Inc. ("Applied"). Applied is the indirect beneficial owner of the reported securities.

F3: In connection with the consummation of the Issuer's initial public offering, each share of Series D Preferred Stock automatically converted into 1.0330576 shares of Common Stock, for no additional consideration, and had no expiration date. All shares of Common Stock issued upon conversion were aggregated.

F4: In connection with the consummation of the Issuer's initial public offering, each share of Series E Preferred Stock automatically converted into 9.8841 shares of Common Stock, for no additional consideration, and has no expiration date. All shares of Common Stock issued upon conversion were aggregated.