KIFER RON 4
4 · APPLIED MATERIALS INC /DE · Filed Sep 20, 2011
Insider Transaction Report
Form 4
KIFER RON
Group VP & CIO
Transactions
- Sale
Common Stock
2011-09-16$11.62/sh−100,000$1,162,000→ 252,790 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2011-09-16−100,000→ 150,000 totalExercise: $8.58Exp: 2014-03-09→ Common Stock (100,000 underlying) - Exercise/Conversion
Common Stock
2011-09-16$8.58/sh+100,000$858,000→ 352,790 total
Footnotes (2)
- [F1]Number of shares includes 212,500 performance shares (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) 37,500 shares are scheduled to vest in installments during each December of 2011 through 2013; and (b) provided specified performance goals are achieved, 175,000 shares will be scheduled to vest in installments during each December of 2011 through 2014 (all vesting will be subject to continued employment through each vest date).
- [F2]100,000 shares became exercisable on 4/1/2011 and 150,000 shares are scheduled to become exercisable on 4/1/2012, subject to continued employment through the vest date.