Kerschbaum Manfred 4
4 · APPLIED MATERIALS INC /DE · Filed Jan 12, 2010
Insider Transaction Report
Form 4
Kerschbaum Manfred
Senior Vice President
Transactions
- Sale
Common Stock
2010-01-08$14.50/sh−47,889$694,391→ 137,500 total
Holdings
- 13,667.921(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Number of shares consists of 137,500 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) 56,250 performance shares are scheduled to vest on 12/19/10; (b) 43,750 performance shares are scheduled to vest in two equal annual installments beginning 12/19/10; and (c) provided specified performance goals are achieved, 37,500 performance shares are scheduled to vest (i) as to 28,125 shares no earlier than 12/19/10 and (ii) as to 9,375 shares no earlier than 12/19/11 (all vesting is subject to continued employment through each vesting date).