Teri A. Little - Jul 1, 2021 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Role: SVP, CLO
Signature: /s/ To-Anh Nguyen, Attorney-in-Fact
Stock symbol: AMAT
Transactions as of: Jul 1, 2021
Transactions value $: -$4,455,210
Form type: 4
Date filed: 7/2/2021, 07:11 PM
Next filing: Dec 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMAT	Common Stock	Tax liability	-$2.59M	-18.8K	-12.94%	$137.95	126K	Jul 1, 2021	Direct	F1, F2
transaction	AMAT	Common Stock	Sale	-$1.86M	-13.5K	-10.68%	$138.03	113K	Jul 2, 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 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.
F2	Number of shares includes 105,106 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) 92,620 restricted stock units are scheduled to vest in installments in July of 2022 and 2023 and December of 2021 through 2023, and (b) 12,486 performance shares are scheduled to vest in December of 2023, 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 (all vesting is subject to continued employment through each applicable vesting date).

Content

Represents 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.

Number of shares includes 105,106 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) 92,620 restricted stock units are scheduled to vest in installments in July of 2022 and 2023 and December of 2021 through 2023, and (b) 12,486 performance shares are scheduled to vest in December of 2023, 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 (all vesting is subject to continued employment through each applicable vesting date).