4//SEC Filing
Bowers Christopher P 4
Accession 0001181431-11-014862
CIK 0000006951other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 8:14 PM ET
Size
11.2 KB
Accession
0001181431-11-014862
Insider Transaction Report
Form 4
Bowers Christopher P
Group VP,Chief of Staff,GM
Transactions
- Sale
Common Stock
2011-02-28$16.38/sh−3,165$51,849→ 160,000 total - Tax Payment
Common Stock
2011-03-01$16.20/sh−7,477$121,127→ 152,523 total
Footnotes (3)
- [F1]Number of shares consists of 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 are scheduled to vest in installments during each March of 2011 and 2012; (b) 15,000 shares are scheduled to vest in installments during each December of 2011 through 2013; and (c) 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 is 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 140,000 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) 20,000 shares are scheduled to vest in March 2012; (b) 15,000 shares are scheduled to vest in installments during each December of 2011 through 2013; and (c) 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 is 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
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 8:14 PM ET
- Size
- 11.2 KB