APPLIED MATERIALS INC /DE 4
4 · APPLIED MATERIALS INC /DE · Filed Oct 4, 2016
Insider Transaction Report
Form 4
READ CHARLES
Corp. VP, Corp. Contrlr. & CAO
Transactions
- Tax Payment
Common Stock
2016-10-01$30.15/sh−2,819$84,993→ 61,328 total
Footnotes (2)
- [F1]Represents number of shares that were automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
- [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 42,576 restricted stock units 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) 7,500 shares are scheduled to vest in October 2017 and (b) 35,076 shares are scheduled to vest in installments in each of January of 2017 through 2020 (all vesting is subject to continued employment through each applicable vest date).