Bowers Christopher P 4
4 · APPLIED MATERIALS INC /DE · Filed May 19, 2010
Insider Transaction Report
Form 4
Bowers Christopher P
Group VP,Chief of Staff,GM
Transactions
- Award
Common Stock
2010-05-17+50,000→ 114,782 total
Footnotes (2)
- [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 40,000 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 in two equal annual installments beginning 3/1/2011 (subject to continued employment through each vest date).