JANKER FRANZ 4
4 · APPLIED MATERIALS INC /DE · Filed Jan 21, 2010
Insider Transaction Report
Form 4
JANKER FRANZ
Executive Vice President
Transactions
- Award
Common Stock
2010-01-19+200,000→ 484,563 total
Holdings
- 38,495.934(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Represents performance shares (restricted stock units) that will be converted on a one-for-one basis into shares of Applied Materials, Inc. common stock upon vesting. These performance shares will vest only after the satisfaction of specified performance goals. Provided such goals are achieved, vesting is scheduled to occur no earlier than in four equal annual installments beginning 12/19/10 (subject to continued employment through each vest date).
- [F2]Number of shares also includes 205,000 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) 75,000 performance shares are scheduled to vest on 12/19/10; (b) 70,000 performance shares are scheduled to vest in two equal annual installments beginning 12/19/10; and (c) provided specified performance goals are achieved, 60,000 performance shares are scheduled to vest (i) as to 45,000 shares no earlier than 12/19/10 and (ii) as to 15,000 shares no earlier than 12/19/11 (all vesting is subject to continued employment through each vest date).
- [F3]Increased number of shares reflects periodic payroll acquisitions under the 401(k) Plan that are exempt under Rule 16b-3.