4//SEC Filing
Kerschbaum Manfred 4
Accession 0001181431-10-060383
CIK 0000006951other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 9:28 PM ET
Size
15.6 KB
Accession
0001181431-10-060383
Insider Transaction Report
Form 4
Kerschbaum Manfred
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-12-07$8.58/sh+200,000$1,716,000→ 562,500 total - Award
Common Stock
2010-12-06+100,000→ 362,500 total - Sale
Common Stock
2010-12-07$13.04/sh−200,000$2,607,560→ 362,500 total - Exercise/Conversion
Employee Stock Option (right to buy)
2010-12-07−200,000→ 400,000 totalExercise: $8.58Exp: 2014-03-09→ Common Stock (200,000 underlying)
Holdings
- 14,331.761(indirect: By 401(k))
Common Stock
Footnotes (4)
- [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 12/19/2011 (subject to continued employment through each vest date).
- [F2]Number of shares also includes 262,500 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) 96,875 shares are scheduled to vest on 12/19/2010; (b) 43,750 shares are scheduled to vest in two equal annual installments beginning 12/19/2010; (c) 18,750 shares are scheduled to vest on 12/19/2011; (d) provided specified performance goals are achieved, 28,125 shares are scheduled to vest on 12/19/2011; and (e) provided specified performance goals are achieved, 75,000 shares are scheduled to vest: (i) as to 12,500 shares no earlier than 12/19/2011 and (ii) as to 62,500 shares no earlier than in two equal annual installments beginning 12/19/2012 (all vesting is subject to continued employment through each vest date).
- [F3]Increased number of shares reflects periodic payroll acquisitions and dividend reinvestment under the 401(k) Plan that are exempt under Rule 16b-3.
- [F4]200,000 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).
Issuer
APPLIED MATERIALS INC /DE
CIK 0000006951
Entity typeother
Related Parties
1- filerCIK 0001322089
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 9:28 PM ET
- Size
- 15.6 KB