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APPLIED MATERIALS INC /DE — Director's Dealing 2009
Nov 25, 2009
29806_dirs_2009-11-24_4a98a5df-dd21-43ca-acd6-224b2abfb125.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2009-11-20
Reporting Person: JANKER FRANZ (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-11-20 | Common Stock | S | 9552 | $12.36 | Disposed | 394563 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 38273.5080 | Indirect |
Footnotes
F1: Number of shares includes 315,000 performance shares (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) 150,000 performance shares are scheduled to vest in two equal annual installments beginning 12/19/09; (b) 105,000 performance shares are scheduled to vest in three equal annual installments beginning 12/19/09; and (c) provided specified performance goals are achieved, 60,000 performance shares are scheduled to vest (i) as to 30,000 shares no earlier than 12/19/09 and (ii) as to 30,000 shares no earlier than in two equal annual installments beginning 12/19/10 (all vesting is subject to continued employment through each vesting date).
F2: Increased number of shares reflects periodic payroll acquisitions and dividend reinvestment under the 401(k) Plan that are exempt under Rule 16b-3.