JANKER FRANZ 4
4 · APPLIED MATERIALS INC /DE · Filed Nov 24, 2009
Insider Transaction Report
Form 4
JANKER FRANZ
Executive Vice President
Transactions
- Sale
Common Stock
2009-11-20$12.36/sh−9,552$118,063→ 394,563 total
Holdings
- 38,273.508(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Number of shares includes 315,000 performance shares (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) 150,000 performance shares are scheduled to vest in two equal annual installments beginning 12/19/09; (b) 105,000 performance shares are scheduled to vest in three equal annual installments beginning 12/19/09; and (c) provided specified performance goals are achieved, 60,000 performance shares are scheduled to vest (i) as to 30,000 shares no earlier than 12/19/09 and (ii) as to 30,000 shares no earlier than in two equal annual installments beginning 12/19/10 (all vesting is subject to continued employment through each vesting date).
- [F2]Increased number of shares reflects periodic payroll acquisitions and dividend reinvestment under the 401(k) Plan that are exempt under Rule 16b-3.