Timothy M. Deane - Oct 1, 2024 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Role: GVP, Applied Global Services
Signature: /s/ To-Anh Nguyen, Attorney-in-Fact
Stock symbol: AMAT
Transactions as of: Oct 1, 2024
Transactions value $: -$208,638
Form type: 4
Date filed: 10/3/2024, 05:45 PM
Previous filing: May 30, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMAT	Common Stock	Tax liability	-$209K	-1.06K	-0.91%	$197.20	116K	Oct 1, 2024	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 was automatically withheld upon vesting of restricted stock units 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 64,830 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) 40,067 restricted stock units are scheduled to vest in installments in December of 2024 through 2026, October of 2025 and 2026 and January of 2025 and 2026, and (b) 24,763 performance share units are scheduled to vest in installments in December of 2025 and 2026, 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).

Content

Represents number of shares that was automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

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 64,830 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) 40,067 restricted stock units are scheduled to vest in installments in December of 2024 through 2026, October of 2025 and 2026 and January of 2025 and 2026, and (b) 24,763 performance share units are scheduled to vest in installments in December of 2025 and 2026, 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).