SEC Form 4 · accession 0001127602-18-000754
APPLIED MATERIALS INC /DE · AMAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Xun Chen
Director
Period of report
Dec 29, 2017
Accepted (ET)
Jan 3, 2018 · 5:50 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 29, 2017 | A | 59 | $0.00 | A | 20,389 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents number of restricted stock units automatically acquired based on a value of $51.12 per share, the closing price of Applied Materials, Inc. common stock on December 29, 2017, in a transaction exempt under Rule 16b-3(d). This automatic acquisition resulted from dividends accrued on vested restricted stock units that, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board.
- F2Number of shares includes: (a) 10,219 vested restricted stock units previously reported that, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board, and (b) 6,019 restricted stock units previously reported that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in March 2018 (subject to continued service as a director through the vest date).