Xun Chen - Mar 9, 2023 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
Mar 9, 2023
Transactions value $
$0
Form type
4
Date filed
3/13/2023, 07:14 PM
Previous filing
Jan 4, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAT Common Stock Award $0 +2.05K +5.14% $0.00 41.9K Mar 9, 2023 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, 2024 (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 23,769 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.