4//SEC Filing
Pinto Mark 4
Accession 0001127602-11-031479
CIK 0000006951other
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 9:30 PM ET
Size
12.0 KB
Accession
0001127602-11-031479
Insider Transaction Report
Form 4
Pinto Mark
Chief Technology Officer & EVP
Transactions
- Award
Common Stock
2011-12-05+233,000→ 976,258 total - Disposition to Issuer
Common Stock
2011-12-05−20,250→ 973,008 total - Award
Common Stock
2011-12-05$0.01/sh+17,000$170→ 993,258 total
Footnotes (6)
- [F1]Represents performance shares (restricted stock units) that will be converted on a one-for-one basis into shares of Applied Materials, Inc. common stock upon vesting. These performance shares will vest only after the achievement of specified performance goals. Provided such goals are achieved, vesting is scheduled to occur no earlier than in four equal annual installments beginning December 19, 2012 (subject to continued employment through each vest date). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 150% of the target amount, depending on achievement of specified performance goals.
- [F2]Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-10 and Rule 16b-3. Number of shares includes 513,750 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 will be scheduled to occur as follows: (a) 98,750 shares are scheduled to vest in installments during each December of 2011 through 2013; and (b) provided specified performance goals are achieved, 415,000 shares will be scheduled to vest in installments during each December of 2011 through 2014 (all vesting is subject to continued employment through each vest date).
- [F3]Represents shares of restricted stock that will vest only after the achievement of specified performance goals. Provided such goals are achieved, vesting is scheduled to occur no earlier than in four equal annual installments beginning December 19, 2012 (subject to continued employment through each vest date). The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 150% of the target amount, depending on achievement of specified performance goals.
- [F4]Number of shares includes 746,750 performance shares (restricted stock units) 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 will be scheduled to occur as follows: (a) 98,750 shares are scheduled to vest in installments during each December of 2011 through 2013; (b) provided specified performance goals are achieved, 415,000 shares will be scheduled to vest in installments during each December of 2011 through 2014; and (c) provided specified performance goals are achieved, 233,000 shares will be scheduled to vest in installments during each December of 2012 through 2015, which number of shares is the target award level, and the actual number of shares that may vest ranges from 0% to 150% of the target amount depending on achievement of specified performance goals (all vesting is subject to continued employment through each vest date).
- [F5]Represents previously-reported performance shares (restricted stock units) that have been forfeited as specified performance goals were not fully achieved.
- [F6]Number of shares includes: (a) 726,500 performance shares (restricted stock units) 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 will be scheduled to occur as follows: (i) 457,500 shares are scheduled to vest in installments during each December of 2011 through 2014; (ii) provided specified performance goals are achieved, 36,000 shares will be scheduled to vest in installments during each December of 2011 through 2013; and (iii) provided specified performance goals are achieved, 233,000 shares will be scheduled to vest in installments during each December of 2012 through 2015, which number of shares is the target award level, and the actual number of shares that may vest ranges from 0% to 150% of the target amount depending on achievement of specified performance goals; and (b) provided specified performance goals are achieved, 17,000 shares of restricted stock will be scheduled to vest in installments during each December of 2012 through 2015, which number of shares is the target award level, and the actual number of shares that may vest ranges from 0% to 150% of the target amount depending on achievement of specified performance goals (all vesting is subject to continued employment through each vest date).
Documents
Issuer
APPLIED MATERIALS INC /DE
CIK 0000006951
Entity typeother
Related Parties
1- filerCIK 0001322093
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 9:30 PM ET
- Size
- 12.0 KB