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APPLIED MATERIALS INC /DE — Director's Dealing 2019
Dec 24, 2019
29806_dirs_2019-12-23_dd7a052f-1f92-47d1-838a-1738ef925164.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: 2019-12-19
Reporting Person: Salehpour Ali (SVP, Srv., Dspl. & Flex.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-19 | Common Stock | F | 99848 | $60.67 | Disposed | 539616 | Direct |
Footnotes
F1: Represents 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 216,587 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) 86,671 restricted stock units are scheduled to vest in installments in December of 2020 through 2022 and (b) 129,916 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 (all vesting is subject to continued employment through each applicable vesting date).