AI assistant
APPLIED MATERIALS INC /DE — Director's Dealing 2018
Dec 22, 2018
29806_dirs_2018-12-21_bcc5bed4-16f3-4894-9d67-034d2782a050.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2018-12-19
Reporting Person: Larkins Thomas F (Sr. VP, GC & Corp. Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-12-19 | Common Stock | F | 33933 | $31.53 | Disposed | 494757 | Direct |
Footnotes
F1: Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
F2: Number of shares includes 176,647 performance shares and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied Materials common stock upon vesting, which vesting is scheduled to occur as follows: (a) 31,730 performance shares are scheduled to vest in December 2019, (b) 56,638 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 88,279 performance shares are scheduled to vest in December of 2019 through 2021, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vest date).