APPLIED MATERIALS INC /DE — Director's Dealing 2016

Jun 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2016-06-20

Reporting Person: Salehpour Ali (Sr. VP, GM New Mrkts & Service)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-20	Common Stock	S	17752	$23.89	Disposed	531195	Direct
2016-06-22	Common Stock	S	17752	$24.00	Disposed	513443	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.87 to $23.93, inclusive. The reporting person undertakes to provide to Applied Materials, Inc. ("Applied"), any security holder of Applied, 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 range set forth in footnote 1 to this Form 4.

F2: Number of shares includes 401,307 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) 101,750 shares are scheduled to vest in December 2016, (b) 77,352 shares are scheduled to vest in installments in December of each of 2016 through 2018, with up to an additional 51,568 shares that may vest, depending on achievement of specified performance goals, (c) 132,205 shares will be scheduled to vest in installments in December of each of 2016 through 2019, 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, and (d) 90,000 shares are scheduled to vest in installments in October of each of 2016 through 2018 (all vesting is subject to continued employment through each applicable vest date).