4//SEC Filing
APPLIED MATERIALS INC /DE 4
Accession 0001127602-14-035951
$AMATCIK 0000006951operating
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 5:47 PM ET
Size
7.8 KB
Accession
0001127602-14-035951
Insider Transaction Report
Form 4
HALLIDAY ROBERT J
Senior Vice President & CFO
Transactions
- Award
Common Stock
2014-12-19+50,000→ 445,150 total - Tax Payment
Common Stock
2014-12-19$24.89/sh−39,135$974,070→ 406,015 total
Footnotes (3)
- [F1]Represents performance shares acquired based on achievement of specified performance goals related to performance shares previously granted. This acquisition is exempt under Rule 16b-3. The shares are subject to vesting as follows: 25,000 shares vested on December 19, 2014, and 25,000 shares are scheduled to vest in installments in December 2015 and 2016 (all vesting is subject to continued employment through each applicable vest date).
- [F2]Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
- [F3]Number of shares includes 185,000 performance shares 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 installments in November 2015 and 2016; (b) 30,000 shares are scheduled to vest in installments in January 2015 through 2017; and (c) 75,000 shares are scheduled to vest in installments in December 2015 and 2016 (notwithstanding the foregoing, vesting of shares that is scheduled to occur in calendar year 2015, subject to Mr. Halliday's consent, will accelerate as of three trading days prior to the expected closing date of the business combination between Applied and Tokyo Electron Limited, subject to Mr. Halliday's continued employment and being a "disqualified individual" under IRS Code Section 4985 through the accelerated vest date). Number of shares also includes 144,389 performance shares that will be scheduled to vest in installments in December 2015 through 2018, 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 achievement of specified performance goals. All vesting is subject to continued employment through each applicable 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 22, 7:00 PM ET
- Accepted
- Dec 23, 5:47 PM ET
- Size
- 7.8 KB