Form 4 for AMAT Applied Materials
Accepted 2021-12-03 00:00:00 ET · period of report 2021-12-02 · accession 0001127602-21-030286 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2021-12-03 | 2021-12-02 | AMAT | SVP, CTO | A - Grant | $0.00 | +38.5K | 207.0K | +23% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-02 | A | A | 11,605 | $0.00 | 230,178 | D | — | — | (F4) Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2022, subject to continued employment through each applicable vesting date. (F2) Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3. Number of shares includes 107,332 performance shares and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 30,731 performance shares are scheduled to vest in December 2021, (b) 39,923 restricted stock units are scheduled to vest in installments in December of 2021 through 2023, and (c) 36,678 performance shares are scheduled to vest in installments in December of 2022 and 2023, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vesting date). |
| 2 | Common | Common Stock | 2021-12-02 | A | A | 11,605 | $0.00 | 218,573 | D | — | — | (F3) Represents performance shares that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2024, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals. (F2) Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3. Number of shares includes 107,332 performance shares and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 30,731 performance shares are scheduled to vest in December 2021, (b) 39,923 restricted stock units are scheduled to vest in installments in December of 2021 through 2023, and (c) 36,678 performance shares are scheduled to vest in installments in December of 2022 and 2023, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vesting date). |
| 3 | Common | Common Stock | 2021-12-02 | A | A | 15,242 | $0.00 | 206,968 | D | — | — | (F1) Represents performance shares acquired based on achievement of specified performance goals related to performance shares previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2021, subject to continued employment through the vesting date. (F2) Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3. Number of shares includes 107,332 performance shares and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 30,731 performance shares are scheduled to vest in December 2021, (b) 39,923 restricted stock units are scheduled to vest in installments in December of 2021 through 2023, and (c) 36,678 performance shares are scheduled to vest in installments in December of 2022 and 2023, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vesting date). |