Larkins Thomas F 4
4 · APPLIED MATERIALS INC /DE · Filed Dec 21, 2018
Insider Transaction Report
Form 4
Larkins Thomas F
Sr. VP, GC & Corp. Secretary
Transactions
- Tax Payment
Common Stock
2018-12-19$31.53/sh−33,933$1,069,907→ 494,757 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 176,647 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 common stock upon vesting, which vesting is scheduled to occur as follows: (a) 31,730 performance shares are scheduled to vest in December 2019, (b) 56,638 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 88,279 performance shares are scheduled to vest in December of 2019 through 2021, 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 (all vesting is subject to continued employment through each applicable vest date).