SEC Form 4 · accession 0001127602-15-033683
APPLIED MATERIALS INC /DE · AMAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Read
Officer — Corp. VP, Corp. Contrlr. & CAO
Period of report
Dec 7, 2015
Accepted (ET)
Dec 9, 2015 · 8:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000006951
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 7, 2015 | A | 21,153 | $0.00 | A | 65,288 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units that 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 in four equal annual installments beginning January 1, 2017 (subject to continued employment through each applicable vest date).
- F2Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-10 and Rule 16b-3. Number of shares includes 33,564 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) 15,000 shares are scheduled to vest in installments in October of 2016 and 2017 and (b) 18,564 shares are scheduled to vest in installments in January of 2016 through 2019 (all vesting is subject to continued employment through each applicable vest date).