APPLIED MATERIALS INC /DE — Director's Dealing 2019

Dec 24, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2019-12-12

Reporting Person: Durn Daniel (Senior Vice President, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-12	Common Stock	G	395	—	Disposed	418323	Direct
2019-12-19	Common Stock	F	48669	$60.67	Disposed	369654	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 278,588 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, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 18,630 restricted stock units are scheduled to vest in February 2020; notwithstanding the foregoing, if Mr. Durn's employment is terminated without cause prior to February 1, 2020, any unvested portion of the award shall immediately be fully vested upon such termination, (b) 86,262 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, (c) 125,090 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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, and (d) 48,606 restricted stock units are scheduled to vest in installments in November of 2020 and 2021 (all vesting is subject to continued employment through each applicable vesting date).