APPLIED MATERIALS INC /DE 4
4 · APPLIED MATERIALS INC /DE · Filed Jun 25, 2015
Insider Transaction Report
Form 4
HALLIDAY ROBERT J
Senior Vice President & CFO
Transactions
- Sale
Common Stock
2015-06-23$19.99/sh−25,000$499,750→ 377,333 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $19.99 and $20.00, inclusive. The reporting person undertakes to provide to Applied Materials, Inc., any security holder of Applied Materials, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in footnote 1 to this Form 4.
- [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 319,389 performance shares 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 is scheduled to occur as follows: (a) 80,000 shares are scheduled to vest in installments in November 2015 and 2016; (b) 20,000 shares are scheduled to vest in installments in January of 2016 and 2017; (c) 75,000 shares are scheduled to vest in installments in December 2015 and 2016; and (d) 144,389 shares that will be scheduled to vest in installments in December of 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).