Xun Chen - Dec 31, 2022 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Role
Director
Signature
/s/ To-Anh Nguyen, Attorney-in-Fact
Stock symbol
AMAT
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 06:11 PM
Previous filing
Mar 14, 2022
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAT Common Stock Award $0 +221 +0.56% $0.00 39.9K Dec 31, 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 restricted stock units automatically acquired based on a value of $97.38 per share, the closing price of Applied Materials, Inc. ("Applied") common stock on December 30, 2022, 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 of Directors.
F2 Number of shares includes: (a) 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 of Directors and (b) 1,920 restricted stock units previously reported that are scheduled to vest in March 2023 (subject to continued service as a director through the vesting date) 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 of Directors.