Teri A. Little - 07 Jul 2023 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Role: SVP, CLO
Signature: /s/ To-Anh Nguyen, Attorney-in-Fact
Issuer symbol: AMAT
Transactions as of: 07 Jul 2023
Net transactions value: -$1,420,000
Form type: 4
Filing time: 11 Jul 2023, 18:02:13 UTC
Previous filing: 05 Jul 2023
Next filing: 11 Dec 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	Sale	$1,420,000	-10,000	-13%	$142.00	69,504	07 Jul 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Number of shares includes 54,594 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) 21,855 restricted stock units are scheduled to vest in installments in December of 2023 through 2025, and (b) 32,739 performance share units are scheduled to vest in installments in December of 2023 through 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

Number of shares includes 54,594 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) 21,855 restricted stock units are scheduled to vest in installments in December of 2023 through 2025, and (b) 32,739 performance share units are scheduled to vest in installments in December of 2023 through 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).