KIFER RON 4
4 · APPLIED MATERIALS INC /DE · Filed Apr 5, 2010
Insider Transaction Report
Form 4
KIFER RON
Group VP & CIO
Transactions
- Sale
Common Stock
2010-04-01$13.47/sh−150,000$2,020,650→ 177,499 total - Exercise/Conversion
Employee Stock Option (right to buy)
2010-04-01−150,000→ 300,000 totalExercise: $8.58Exp: 2014-03-09→ Common Stock (150,000 underlying) - Exercise/Conversion
Common Stock
2010-04-01$8.58/sh+150,000$1,287,000→ 327,499 total
Footnotes (2)
- [F1]Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-10 and Rule 16b-3. Number of shares includes 176,875 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) 22,500 shares are scheduled to vest on 8/31/10; (b) 4,375 shares are scheduled to vest on 5/1/10; (c) 25,000 shares are scheduled to vest in two equal annual installments beginning 8/31/10; and (d) provided specified performance goals are achieved, 125,000 shares are scheduled to vest no earlier than in four equal annual installments beginning 12/19/10 (all vesting is subject to continued employment through each vest date).
- [F2]150,000 shares became exercisable on 4/1/10 and 300,000 shares are scheduled to become exercisable in two equal annual installments beginning 4/1/11, subject to continued employment through each vest date.