Gary E. Dickerson - 07 Dec 2023 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Role: President and CEO, Director
Signature: /s/ To-Anh Nguyen, Attorney-in-Fact
Issuer symbol: AMAT
Transactions as of: 07 Dec 2023
Net transaction value: $0
Form type: 4
Filing time: 11 Dec 2023, 20:04:53 UTC
Previous filing: 21 Dec 2022
Next filing: 21 Dec 2023
SEC filing: View on sec.gov

Key filing fact

Gary E. Dickerson filed Form 4 for APPLIED MATERIALS INC /DE (AMAT) on 11 Dec 2023.

Key facts

This page summarizes Gary E. Dickerson's Form 4 filing for APPLIED MATERIALS INC /DE (AMAT).
3 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 11 Dec 2023, 20:04.

Change

Previous filing in this sequence was filed on 21 Dec 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

AMAT transaction

Common Stock

Award

Transaction value: $0
Shares: +122,169
Change %: +6.8%
Price: $0.000000
Shares after: 1,930,562
Date: 07 Dec 2023
Ownership: Direct
Footnotes: F1, F2, F3

AMAT transaction

Common Stock

Award

Transaction value: $0
Shares: +113,721
Change %: +5.9%
Price: $0.000000
Shares after: 2,044,283
Date: 07 Dec 2023
Ownership: Direct
Footnotes: F2, F3, F4

AMAT transaction

Common Stock

Award

Transaction value: $0
Shares: +37,907
Change %: +1.9%
Price: $0.000000
Shares after: 2,082,190
Date: 07 Dec 2023
Ownership: Direct
Footnotes: F2, F3, F5

^* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id	Content
F1	Represents performance share units acquired based on achievement of specified performance goals related to performance share units previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2023, subject to continued employment through the vesting date.
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 535,850 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 122,169 performance share units are scheduled to vest in December 2023, (b) 77,985 restricted stock units are scheduled to vest in installments in December of 2023 through 2025, (c) 219,551 performance share units are scheduled to vest in installments in December of 2024 and 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, and (continued below)
F3	(d) 116,145 performance share units are scheduled to vest in October of 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; notwithstanding the foregoing, if Mr. Dickerson's employment is terminated without cause prior to the end of the performance period, any unvested portion of the award will vest based on achievement of specified performance goals through his last day of employment (all vesting is subject to continued employment through each applicable vesting date).
F4	Represents performance share units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2026, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals.
F5	Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2024, subject to continued employment through each applicable vesting date.