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APPLIED MATERIALS INC /DE — Director's Dealing 2023
Sep 2, 2023
29806_dirs_2023-09-01_a7f732a1-3e49-438d-ad4d-dd82c1756e20.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: 2023-08-30
Reporting Person: Hill Brice (SVP, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-30 | Common Stock | S | 1000 | $150.04 | Disposed | 106023 | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $150.04 and $150.08 per share. 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 set forth in footnote 1 to this Form 4.
F2: Number of shares includes 93,250 performance share units and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur as follows: (a) 70,391 restricted stock units are scheduled to vest in installments in April of 2024 and 2025 and December of 2023 through 2025, and (b) 22,859 performance share units are scheduled to vest in December of 2025, 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).