Omkaram Nalamasu - 25 Nov 2024 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Signature
/s/ To-Anh Nguyen, Attorney-in-Fact
Issuer symbol
AMAT
Transactions as of
25 Nov 2024
Net transactions value
$0
Form type
4
Filing time
26 Nov 2024, 17:56:56 UTC
Previous filing
26 Dec 2023
Next filing
16 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAT Common Stock Gift $0 -10 -0.01% $0.000000 191,049 25 Nov 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 70,242 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) 28,472 restricted stock units are scheduled to vest in installments in December of 2024 through 2026, and (b) 41,770 performance share units are scheduled to vest in installments in December of 2024 through 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).