Bowers Christopher P 4
4 · APPLIED MATERIALS INC /DE · Filed Aug 27, 2010
Insider Transaction Report
Form 4
Bowers Christopher P
Group VP,Chief of Staff,GM
Transactions
- Exercise/Conversion
Common Stock
2010-08-25$8.58/sh+150,000$1,287,000→ 264,782 total - Sale
Common Stock
2010-08-25$10.52/sh−150,000$1,578,540→ 114,782 total - Sale
Common Stock
2010-08-25$10.52/sh−24,782$260,796→ 90,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2010-08-25−150,000→ 450,000 totalExercise: $8.58Exp: 2014-03-09→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Number of shares includes 90,000 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: (1) 40,000 performance shares are scheduled to vest in two equal annual installments beginning 3/1/2011 and (b) provided specified performance goals are achieved, 50,000 performance shares are scheduled to vest no earlier than in four equal annual installments beginning 12/19/2010 (all vesting is subject to continued employment through each vest date).
- [F2]200,000 shares became exercisable on 4/1/2010 and 200,000 shares are scheduled to become exercisable on each of 4/1/2011 and 4/1/2012 (subject to continued employment through each vest date).