XUN CHEN - 31 Dec 2024 Form 4 Insider Report for APPLIED MATERIALS INC /DE (AMAT)

Role: Director
Signature: /s/ Harpreet S. Bal, Attorney-in-Fact
Issuer symbol: AMAT
Transactions as of: 31 Dec 2024
Net transactions value: $0
Form type: 4
Filing time: 03 Jan 2025, 18:12:23 UTC
Previous filing: 11 Mar 2024
Next filing: 10 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMAT	Common Stock	Award	$0	+238	+0.55%	$0.000000	43,459	31 Dec 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 restricted stock units automatically acquired based on a value of $162.63 per share, the closing price of Applied Materials, Inc. ("Applied") common stock on December 31, 2024, in a transaction exempt under Rule 16b-3(d). This automatic acquisition resulted from dividends accrued on vested restricted stock units that, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board of Directors.
F2	Number of shares includes: (a) 25,994 restricted stock units previously reported that have vested and which, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board of Directors and (b) 1,128 restricted stock units previously reported that are scheduled to vest in March 2025 (subject to continued service as a director through the vesting date) and which, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board of Directors.

Content

Represents number of restricted stock units automatically acquired based on a value of $162.63 per share, the closing price of Applied Materials, Inc. ("Applied") common stock on December 31, 2024, in a transaction exempt under Rule 16b-3(d). This automatic acquisition resulted from dividends accrued on vested restricted stock units that, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board of Directors.

Number of shares includes: (a) 25,994 restricted stock units previously reported that have vested and which, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board of Directors and (b) 1,128 restricted stock units previously reported that are scheduled to vest in March 2025 (subject to continued service as a director through the vesting date) and which, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board of Directors.