APPLIED MATERIALS INC /DE 4
4 · APPLIED MATERIALS INC /DE · Filed Dec 21, 2016
Insider Transaction Report
Form 4
HALLIDAY ROBERT J
Senior Vice President & CFO
Transactions
- Tax Payment
Common Stock
2016-12-19$32.44/sh−81,385$2,640,129→ 625,742 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 402,458 performance shares and 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) 10,000 shares are scheduled to vest in January of 2017, (b) 108,292 performance shares are scheduled to vest in installments in December of each of 2017 and 2018, (c) 138,816 performance shares are scheduled to vest in installments in December of each of 2017 through 2019, with up to an additional 92,543 shares that may vest, depending on achievement of specified performance goals, (d) 72,675 performance shares are scheduled to vest in December 2019, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals, and (e) 72,675 restricted stock units are scheduled to vest in installments in December of each of 2017 through 2019, depending on achievement of a specified performance goal (all vesting is subject to continued employment through each applicable vest date).