Timothy M. Deane - 01 Jan 2023 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: 01 Jan 2023
Transactions value $: -$482,810
Form type: 4
Filing time: 04 Jan 2023, 18:14:29 UTC
Previous filing: 14 Dec 2022
Next filing: 13 Jun 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	Tax liability	-$483K	-4.96K	-4.38%	$97.38	108K	01 Jan 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents number of shares that was automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
F2	Number of shares includes 56,294 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 Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 43,493 restricted stock units are scheduled to vest in installments in December of 2023 through 2025, October of 2024 through 2026 and January of 2024 through 2026, and (b) 12,801 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).

Content

Represents number of shares that was automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

Number of shares includes 56,294 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 Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 43,493 restricted stock units are scheduled to vest in installments in December of 2023 through 2025, October of 2024 through 2026 and January of 2024 through 2026, and (b) 12,801 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).