4//SEC Filing
APPLIED MATERIALS INC /DE 4
Accession 0001127602-14-034777
$AMATCIK 0000006951operating
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 8:11 PM ET
Size
6.5 KB
Accession
0001127602-14-034777
Insider Transaction Report
Form 4
HALLIDAY ROBERT J
Senior Vice President & CFO
Transactions
- Award
Common Stock
2014-12-08+144,389→ 395,150 total
Footnotes (2)
- [F1]Represents performance shares that will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting depends on 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, 2015 (subject to continued employment through each applicable vest date). The number of shares shown is the target amount. 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]Number of shares includes 210,000 performance shares previously reported that in the future will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur as follows: (a) 80,000 shares are scheduled to vest in equal annual installments in each November of 2015 and 2016; (b) 30,000 shares are scheduled to vest in equal annual installments in each January of 2015 through 2017; and (c) provided specified performance goals are achieved, 100,000 shares will be scheduled to vest as to 50% of the shares in December 2014 and as to 25% of the shares in each December of 2015 and 2016, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 150% of the target amount, depending on the achievement of specified performance goals (all vesting is subject to continued employment through each applicable vest date). Notwithstanding the foregoing, vesting of shares that is scheduled to occur in calendar year 2014 (as well as in calendar year 2015, subject to Mr. Halliday's consent), will accelerate as of the date that is three trading days prior to the expected date of consummation of the transactions contemplated in connection with the business combination agreement, dated September 24, 2013, between Applied and Tokyo Electron Limited, as amended (subject to Mr. Halliday's continued employment and being a "disqualified individual" under IRS Code Section 4985 through the accelerated vest date).
Documents
Issuer
APPLIED MATERIALS INC /DE
CIK 0000006951
Entity typeoperating
IncorporatedDC
Related Parties
1- filerCIK 0000006951
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 8:11 PM ET
- Size
- 6.5 KB