4//SEC Filing
Raja Prabu G. 4
Accession 0001127602-22-027506
CIK 0000006951other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 9:34 PM ET
Size
10.4 KB
Accession
0001127602-22-027506
Insider Transaction Report
Form 4
Raja Prabu G.
President, Semi. Products Grp.
Transactions
- Award
Common Stock
2022-12-12+28,505→ 459,039 total - Award
Common Stock
2022-12-12+27,430→ 486,469 total - Award
Common Stock
2022-12-12+27,430→ 513,899 total
Footnotes (5)
- [F1]Represents performance shares acquired based on achievement of specified performance goals related to performance shares previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2022, subject to continued employment through the vesting date.
- [F2]Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3. Number of shares includes 146,603 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 28,505 performance shares are scheduled to vest in December of 2022, (b) 42,778 restricted stock units are scheduled to vest in installments in December of 2022 through 2024, (c) 41,551 performance shares are scheduled to vest in installments in December of 2023 and 2024, 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 (continued below)
- [F3](d) 33,769 performance shares are scheduled to vest in October of 2025, 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; notwithstanding the foregoing, if Dr. Raja's employment is terminated without cause prior to the end of the performance period, any unvested portion of the award will vest based on achievement of specified performance goals through his last day of employment (all vesting is subject to continued employment through each applicable vesting date).
- [F4]Represents performance shares that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2025, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals
- [F5]Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2023, subject to continued employment through each applicable vesting date.
Documents
Issuer
APPLIED MATERIALS INC /DE
CIK 0000006951
Entity typeother
Related Parties
1- filerCIK 0001721738
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 9:34 PM ET
- Size
- 10.4 KB