Sweeney Joseph J 4
4 · APPLIED MATERIALS INC /DE · Filed Jun 23, 2011
Insider Transaction Report
Form 4
Sweeney Joseph J
Sr. VP, GC & Corp. Secretary
Transactions
- Exercise/Conversion
Common Stock
2011-06-21$8.58/sh+50,000$429,000→ 462,520 total - Sale
Common Stock
2011-06-21$12.67/sh−50,000$633,575→ 412,520 total - Exercise/Conversion
Employee Stock Option (right to buy)
2011-06-21−50,000→ 300,000 totalExercise: $8.58Exp: 2014-03-09→ Common Stock (50,000 underlying)
Holdings
- 13,289.581(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Number of shares includes 304,375 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) 56,875 shares are scheduled to vest in installments during each December of 2011 through 2013; and (b) provided specified performance goals are achieved, 247,500 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]Increased number of shares reflects periodic payroll acquisitions under the 401(k) Plan that are exempt under Rule 16b-3.
- [F3]200,000 shares became exercisable on 4/1/2011 and 200,000 shares are scheduled to become exercisable on 4/1/2012 (subject to continued employment through the vest date).