Omkaram Nalamasu - Dec 19, 2022 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Signature
/s/ To-Anh Nguyen, Attorney-in-Fact
Stock symbol
AMAT
Transactions as of
Dec 19, 2022
Transactions value $
-$2,875,531
Form type
4
Date filed
12/21/2022, 04:56 PM
Previous filing
Dec 14, 2022
Next filing
Mar 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAT Common Stock Tax liability -$2.88M -27.7K -10.99% $103.99 224K Dec 19, 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 number of shares that were automatically withheld upon vesting of equity awards to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
F2 Number of shares includes 73,623 performance share units 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) 29,651 restricted stock units are scheduled to vest in installments in December of 2023 through 2025, and (b) 43,972 performance share units are scheduled to vest in installments in December of 2023 through 2025, 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).