4//SEC Filing
Bowers Christopher P 4
Accession 0001181431-10-063175
CIK 0000006951other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 9:35 PM ET
Size
15.0 KB
Accession
0001181431-10-063175
Insider Transaction Report
Form 4
Bowers Christopher P
Group VP,Chief of Staff,GM
Transactions
- Sale
Common Stock
2010-12-17$13.65/sh−50,000$682,500→ 165,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2010-12-17−50,000→ 400,000 totalExercise: $8.58Exp: 2014-03-09→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2010-12-17$8.58/sh+50,000$429,000→ 215,000 total - Tax Payment
Common Stock
2010-12-19$13.61/sh−1,835$24,974→ 163,165 total
Footnotes (4)
- [F1]Number of shares includes 165,000 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 will be scheduled to occur as follows: (a) 40,000 shares will be scheduled to vest in installments during each March of 2011 and 2012; (b) 20,000 shares will be scheduled to vest in installments during each December of 2010 through 2013; and (b) provided specified performance goals are achieved, 105,000 shares will be scheduled to vest in installments during each December of 2011 through 2014 (all vesting will be subject to continued employment through each vest date).
- [F2]Represents shares that were automatically withheld upon vesting of performance shares (restricted stock units) to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
- [F3]Number of shares includes 160,000 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 will be scheduled to occur as follows: (a) 40,000 shares will be scheduled to vest in installments during each March of 2011 and 2012; (b) 15,000 shares will be scheduled to vest in installments during each December of 2011 through 2013; and (b) provided specified performance goals are achieved, 105,000 shares will be scheduled to vest in installments during each December of 2011 through 2014 (all vesting will be subject to continued employment through each vest date).
- [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 0001429418
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 9:35 PM ET
- Size
- 15.0 KB