Pappis Charles C 4
4 · APPLIED MATERIALS INC /DE · Filed Dec 21, 2012
Insider Transaction Report
Form 4
Pappis Charles C
Corp.VP, GM AGS
Transactions
- Sale
Common Stock
2012-12-21$11.33/sh−11,900$134,827→ 435,946.917 total - Tax Payment
Common Stock
2012-12-19$11.34/sh−20,863$236,586→ 447,846.917 total - Sale
Common Stock
2012-12-21$11.34/sh−24,112$273,430→ 411,834.917 total
Holdings
- 3,368.326(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Represents shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
- [F2]Number of shares includes 410,625 performance shares 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) 88,125 shares are scheduled to vest in installments during each December of 2013 and 2014; (b) provided specified performance goals are achieved, 22,500 shares will be scheduled to vest in December 2013; and (c) provided specified performance goals are achieved, 300,000 shares will be scheduled to vest in installments during each December of 2013 through 2016, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 150% of the target amount depending on the achievement of specified performance goals (all vesting is subject to continued employment through each applicable vest date).
- [F3]Increased number of shares reflects dividend reinvestment under the 401(k) Plan that is exempt under Rule 16b-3.