Timothy M. Deane - 12 Dec 2022 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Role
GVP, Applied Global Services
Signature
/s/ To-Anh Nguyen, Attorney-in-Fact
Issuer symbol
AMAT
Transactions as of
12 Dec 2022
Transactions value $
$0
Form type
4
Filing time
14 Dec 2022, 20:38:07 UTC
Previous filing
15 Sep 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAT Common Stock Award $0 +12.8K +14.62% $0.00 100K 12 Dec 2022 Direct F1, F2
transaction AMAT Common Stock Award $0 +12.8K +12.76% $0.00 113K 12 Dec 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance shares that will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur on December 19, 2025, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals.
F2 Number of shares includes 43,607 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 in installments in January of 2023 through 2026 and October of 2024 through 2026 (all vesting is subject to continued employment through each applicable vesting date).
F3 Represents restricted stock units 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 three equal annual installments beginning December 19, 2023, subject to continued employment through each applicable vesting date.