Pappis Charles C 4
4 · APPLIED MATERIALS INC /DE · Filed Apr 6, 2011
Insider Transaction Report
Form 4
Pappis Charles C
Corp.VP, GM AGS
Transactions
- Sale
Common Stock
2011-04-04$15.37/sh−21,667$333,022→ 247,709.917 total - Exercise/Conversion
Common Stock
2011-04-04$8.58/sh+21,667$185,903→ 269,376.917 total - Exercise/Conversion
Employee Stock Option (right to buy)
2011-04-04−21,667→ 21,667 totalExercise: $8.58Exp: 2014-03-09→ Common Stock (21,667 underlying)
Holdings
- 3,199.955(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Number of shares includes 246,500 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) 9,000 shares are scheduled to vest during August of 2011; (b) 37,500 shares are scheduled to vest in installments during each December of 2011 through 2013; and (b) provided specified performance goals are achieved, 200,000 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]Increased number of shares reflects dividend reinvestment under the 401(k) Plan that is exempt under Rule 16b-3.
- [F3]21,667 shares became exercisable on 4/1/2011 and 21,667 shares are scheduled to become exercisable on 4/1/2012 (subject to continued employment through the vest date).