Salehpour Ali 4
4 · APPLIED MATERIALS INC /DE · Filed Dec 22, 2020
Insider Transaction Report
Form 4
Salehpour Ali
Group VP, GM EES & Display
Transactions
- Gift
Common Stock
2020-12-09−230→ 588,663 total - Tax Payment
Common Stock
2020-12-19$86.09/sh−38,846$3,344,252→ 549,817 total
Footnotes (2)
- [F1]Represents number of shares that were automatically withheld upon vesting of equity awards to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
- [F2]Number of shares includes 184,169 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. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 66,740 restricted stock units are scheduled to vest in installments in December of 2021 through 2023, and (b) 117,429 performance shares are scheduled to vest in installments in December of 2021 through 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).