Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AMAT | Common Stock | Tax liability | -$94K | -679 | -5.44% | $138.45 | 11.8K | Oct 1, 2023 | Direct | F1, F2 |
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 | Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3. Number of shares includes 10,339 restricted stock units ("RSUs") 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) 6,224 RSUs are scheduled to vest in annual installments in October of 2024 through 2026, and (b) 4,115 RSUs are scheduled to vest in quarterly installments in January of 2024 through 2027 (all vesting is subject to continued employment through each applicable vesting date). |