CHEN XUN 4
4 · APPLIED MATERIALS INC /DE · Filed Mar 13, 2023
Insider Transaction Report
Form 4
CHEN XUN
Director
Transactions
- Award
Common Stock
2023-03-09+2,050→ 41,918 total
Footnotes (2)
- [F1]Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units are scheduled to vest on March 1, 2024 (subject to continued service as a director through the vesting date). Pursuant to Dr. Chen's election to defer, any units that vest from this grant will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board.
- [F2]Number of shares includes 23,769 restricted stock units previously reported that have vested and which, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board.