SEC Form 4 · accession 0001127602-17-000840
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
Jan 1, 2017
Accepted (ET)
Jan 4, 2017 · 7:37 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 | Jan 1, 2017 | F | 3,948 | $32.27 | D | 70,670 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents number of shares that was automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
- F2Number of shares includes 45,937 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) 7,500 shares are scheduled to vest in October 2017 and (b) 38,437 shares are scheduled to vest in installments in January of each of 2018 through 2021 (all vesting is subject to continued employment through each applicable vest date).