APPLIED MATERIALS INC /DE 4
4 · APPLIED MATERIALS INC /DE · Filed Sep 30, 2013
Insider Transaction Report
Form 4
Kerley Jay
GVP, Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2013-09-26$17.68/sh+5,600$99,008→ 129,975 total - Sale
Common Stock
2013-09-26$17.77/sh−5,600$99,512→ 124,375 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2013-09-26−5,600→ 0 totalExercise: $17.68From: 2009-08-31Exp: 2013-10-03→ Common Stock (5,600 underlying)
Footnotes (3)
- [F1]Represents an exercise of a portion of a stock option that would have expired on October 3, 2013, if not exercised.
- [F2]Number of shares consists of 124,375 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 is scheduled to occur as follows: (a) 3,750 units are scheduled to vest in December 2013; (b) 73,125 units are scheduled to vest during each January of 2014 through 2017; (c) 7,500 units are scheduled to vest in February 2014; and (d) 40,000 units are scheduled to vest in installments during each April of 2014 through 2017 (all vesting is subject to continued employment through each applicable vest date).
- [F3]Shares became exercisable in three equal installments beginning on August 31, 2007.