4//SEC Filing
Raja Prabu G. 4
Accession 0001127602-24-019129
CIK 0000006951other
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 5:42 PM ET
Size
6.7 KB
Accession
0001127602-24-019129
Insider Transaction Report
Form 4
Raja Prabu G.
President, Semi. Products Grp.
Transactions
- Sale
Common Stock
2024-06-18$249.17/sh−50,000$12,458,500→ 458,417 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.40 to $249.35, 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 ranges set forth in footnote 1 to this Form 4.
- [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 145,928 performance share units 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) 45,933 restricted stock units are scheduled to vest in installments in December of 2024 through 2026, (b) 66,226 performance share units are scheduled to vest in installments in December of 2024 through 2026, 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, and (continued below)
- [F3](c) 33,769 performance share units are scheduled to vest in October of 2025, 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; notwithstanding the foregoing, if Dr. Raja's employment is terminated without cause prior to the end of the performance period, any unvested portion of the award will vest based on achievement of specified performance goals through his last day of employment (all vesting is subject to continued employment through each applicable vesting date).
Documents
Issuer
APPLIED MATERIALS INC /DE
CIK 0000006951
Entity typeother
Related Parties
1- filerCIK 0001721738
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 5:42 PM ET
- Size
- 6.7 KB