4//SEC Filing
APPLIED MATERIALS INC /DE 4
Accession 0001127602-14-035961
$AMATCIK 0000006951operating
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 5:58 PM ET
Size
9.2 KB
Accession
0001127602-14-035961
Insider Transaction Report
Form 4
Thakur Randhir
EVP & General Manager
Transactions
- Tax Payment
Common Stock
2014-12-19$24.89/sh−247,858$6,169,186→ 831,206 total - Award
Common Stock
2014-12-19+175,000→ 1,079,064 total
Holdings
- 4,390.238(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Represents performance shares and restricted stock acquired based on achievement of specified performance goals related to performance shares and restricted stock previously granted. This acquisition is exempt under Rule 16b-3. The shares are subject to vesting as follows: 100,000 shares vested on December 19, 2014, and 75,000 shares are scheduled to vest in installments in December of 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 and restricted stock to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
- [F3]Number of shares includes: (a) 494,400 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: (i) 147,000 shares are scheduled to vest in installments in July of 2015 and 2016, (ii) 90,000 shares will be scheduled to vest in installments in July 2015 and 2016, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 140% of the target amount, depending on achievement of specified performance goals; and (iii) 257,400 shares are scheduled to vest in installments in December of 2015 and 2016; and (b) 5,100 shares of restricted stock that are scheduled to vest in December 2015 (notwithstanding the foregoing, vesting of shares described in (a) and (b) that is scheduled to occur in calendar year 2015 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 Dr. Thakur's continued employment and being a "disqualified individual" under IRS Code Section 4985 through the accelerated vest date). Number of shares also includes 103,135 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.
- [F4]Increased number of shares reflects dividend reinvestment under 401(k) Plan that is exempt under Rule 16b-3.
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, 5:58 PM ET
- Size
- 9.2 KB