APPLIED MATERIALS INC /DE — Director's Dealing 2015

Oct 27, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ADESTO TECHNOLOGIES Corp (IOTS)
CIK: 0001395848
Period of Report: 2015-10-26

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

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series A Preferred Stock	$		Common Stock (157828)		Indirect
Series B Preferred Stock	$		Common Stock (176275)		Indirect
Series C Preferred Stock	$		Common Stock (56722)		Indirect
Series D Preferred Stock	$		Common Stock (39196)		Indirect
Series D-1 Preferred Stock	$		Common Stock (26399)		Indirect
Series E Preferred Stock	$		Common Stock (106326)		Indirect

Footnotes

F1: Each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock and Series D-1 Preferred Stock will be automatically converted into one share of Common Stock, for no additional consideration, immediately prior to the consummation of the initial public offering of the Issuer, and has no expiration date.

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: Each share of Series D Preferred Stock will be automatically converted into 1.0330576 shares of Common Stock, for no additional consideration, immediately prior to the consummation of the Issuer's initial public offering, and has no expiration date.

F4: Each share of Series E Preferred Stock will be automatically converted into 9.8841 shares of Common Stock, for no additional consideration, immediately prior to the consummation of the Issuer's initial public offering, and has no expiration date.