Omkaram Nalamasu - Dec 19, 2024 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Role: Senior Vice President, CTO
Signature: /s/ To-Anh Nguyen, Attorney-in-Fact
Stock symbol: AMAT
Transactions as of: Dec 19, 2024
Transactions value $: -$2,503,612
Form type: 4
Date filed: 12/20/2024, 06:51 PM
Previous filing: Dec 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMAT	Common Stock	Tax liability	-$2.5M	-15.5K	-6.89%	$161.44	210K	Dec 19, 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 were automatically withheld upon vesting of equity awards to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
F2	Number of shares includes 71,626 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) 28,005 restricted stock units are scheduled to vest in installments in December of 2025 through 2027, and (b) 43,621 performance share units are scheduled to vest in installments in December of 2025 through 2027, 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 were automatically withheld upon vesting of equity awards to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

Number of shares includes 71,626 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) 28,005 restricted stock units are scheduled to vest in installments in December of 2025 through 2027, and (b) 43,621 performance share units are scheduled to vest in installments in December of 2025 through 2027, 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).