Form 4 for AMAT Applied Materials

Accepted 2022-07-11 00:00:00 ET · period of report 2022-07-07 · accession 0001127602-22-019212 · 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
	2022-07-11	2022-07-07	AMAT	Little Teri A.	SVP, CLO	S - Sale	$89.50	-10.0K	83.2K	-11%	-$895.0K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-07-07	S	D	10,000	$89.50	83,169	D	—	—	(F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.39 to $89.56, inclusive. The reporting person undertakes to provide to Applied Materials, Inc. ("Applied"), any security holder of Applied, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form 4. (F2) Number of shares includes 76,237 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 common stock upon vesting, which vesting is scheduled to occur as follows: (a) 56,071 restricted stock units are scheduled to vest in installments in July of 2023 and December of 2022 through 2024, and (b) 20,166 performance shares are scheduled to vest in December of 2023 and 2024, 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).