Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AMAT | Common Stock | Sale | -$5.18M | -38.5K | -10.91% | $134.81 | 314K | Sep 1, 2021 | Direct | F1, F2 |
transaction | AMAT | Common Stock | Sale | -$208K | -1.54K | -0.49% | $135.25 | 313K | Sep 1, 2021 | Direct | F2, F3 |
Id | Content |
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F1 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.17 to $135.16, inclusive. The reporting person undertakes to provide to Applied Materials, Inc. ("Applied"), any security holder of Applied, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1 and 3 to this Form 4. |
F2 | Number of shares includes 103,848 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 common stock upon vesting, which vesting is scheduled to occur as follows: (a) 38,181 restricted stock units are scheduled to vest in installments in December of 2021 through 2023, and (b) 65,667 performance shares are scheduled to vest in installments in December of 2021 through 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). |
F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.17 to $135.32, inclusive |