SEC Form 4 · accession 0001127602-16-070735

APPLIED MATERIALS INC /DE · AMAT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Senior Vice President & CFO

Period of report

Dec 19, 2016

Accepted (ET)

Dec 21, 2016 · 8:33 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 Stock^F1,F2	Dec 19, 2016	F	81,385	$32.44	D	625,742	D

No Table II lines on this filing.

F1Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
F2Number of shares includes 402,458 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) 10,000 shares are scheduled to vest in January of 2017, (b) 108,292 performance shares are scheduled to vest in installments in December of each of 2017 and 2018, (c) 138,816 performance shares are scheduled to vest in installments in December of each of 2017 through 2019, with up to an additional 92,543 shares that may vest, depending on achievement of specified performance goals, (d) 72,675 performance shares are scheduled to vest in December 2019, 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 (e) 72,675 restricted stock units are scheduled to vest in installments in December of each of 2017 through 2019, depending on achievement of a specified performance goal (all vesting is subject to continued employment through each applicable vest date).