XUN CHEN - 10 Mar 2022 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Role
Director
Signature
/s/ To-Anh Nguyen, Attorney-in-Fact
Issuer symbol
AMAT
Transactions as of
10 Mar 2022
Net transactions value
$0
Form type
4
Filing time
14 Mar 2022, 18:08:50 UTC
Previous filing
04 Jan 2022
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAT Common Stock Award $0 +1,920 +5.1% $0.000000 39,647 10 Mar 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units are scheduled to vest on March 1, 2023 (subject to continued service as a director through the vesting date). Pursuant to Dr. Chen's election to defer, any units that vest from this grant 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.
F2 Number of shares includes 21,628 restricted stock units previously reported that have vested and which, 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.