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APPLIED MATERIALS INC /DE — Director's Dealing 2018
Jan 3, 2018
29806_dirs_2018-01-03_ca602c79-8d66-4139-92e9-029e732f0e45.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: 2017-12-29
Reporting Person: CHEN XUN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-29 | Common Stock | A | 59 | — | Acquired | 20389 | Direct |
Footnotes
F1: Represents number of restricted stock units automatically acquired based on a value of $51.12 per share, the closing price of Applied Materials, Inc. common stock on December 29, 2017, in a transaction exempt under Rule 16b-3(d). This automatic acquisition resulted from dividends accrued on vested restricted stock units that, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board.
F2: Number of shares includes: (a) 10,219 vested restricted stock units previously reported that, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board, and (b) 6,019 restricted stock units previously reported that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in March 2018 (subject to continued service as a director through the vest date).