APPLIED MATERIALS INC /DE 4
4 · APPLIED MATERIALS INC /DE · Filed Dec 4, 2015
Insider Transaction Report
Form 4
Larkins Thomas F
Sr. VP, GC & Corp. Secretary
Transactions
- Tax Payment
Common Stock
2015-12-03$18.76/sh−55,442$1,040,092→ 455,837 total
Footnotes (2)
- [F1]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.
- [F2]Number of shares includes 184,695 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) 112,500 shares are scheduled to vest in installments in December of 2015 and 2016; and (b) 72,195 shares 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).