Filing Details
- Accession Number:
- 0001127602-14-008715
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-02-26 17:17:47
- Reporting Period:
- 2014-02-24
- Filing Date:
- 2014-02-26
- Accepted Time:
- 2014-02-26 17:17:47
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 6951 | Applied Materials Inc | AMAT | Semiconductors & Related Devices (3674) | 941655526 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1183258 | E Gary Dickerson | C/O Applied Materials, Inc. P.o. Box 58039, 3050 Bowers Av, M/S 1268 Santa Clara CA 95054 | President And Ceo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2014-02-24 | 63,604 | $4.40 | 1,400,021 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-02-24 | 71,489 | $5.12 | 1,471,510 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-02-24 | 59,573 | $5.92 | 1,531,083 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-02-24 | 72,694 | $5.96 | 1,603,777 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-02-24 | 375,305 | $6.15 | 1,979,082 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-02-24 | 65,531 | $6.30 | 2,044,613 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-02-24 | 708,196 | $19.14 | 1,336,417 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2014-02-24 | 63,604 | $0.00 | 63,604 | $4.40 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2014-02-24 | 71,489 | $0.00 | 71,489 | $5.12 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2014-02-24 | 59,573 | $0.00 | 59,573 | $5.92 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2014-02-24 | 72,694 | $0.00 | 72,694 | $5.96 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2014-02-24 | 375,305 | $0.00 | 375,305 | $6.15 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2014-02-24 | 65,531 | $0.00 | 65,531 | $6.30 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2011-11-10 | 2016-05-14 | No | 4 | M | Direct |
| 0 | 2011-11-10 | 2017-08-12 | No | 4 | M | Direct |
| 0 | 2011-11-10 | 2017-02-26 | No | 4 | M | Direct |
| 0 | 2011-11-10 | 2016-08-14 | No | 4 | M | Direct |
| 0 | 2011-11-10 | 2016-11-12 | No | 4 | M | Direct |
| 0 | 2011-11-10 | 2017-05-13 | No | 4 | M | Direct |
Footnotes
- Represents stock options that were originally granted by Varian Semiconductor Equipment Associates, Inc. ("Varian"), assumed by Applied Materials, Inc. ("Applied") and converted into Applied stock options in connection with Applied's acquisition of Varian. Mr. Dickerson exercised these options to mitigate a punitive 15% excise tax that would have been levied on the value of any of his unexercised stock options outstanding at the consummation of the planned business combination with Tokyo Electron Limited.
- Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-10 and Rule 16b-3. Number of shares includes: (a) 900,000 performance shares previously reported that in the future will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting will be scheduled to occur as follows: (i) provided specified performance goals are achieved, 500,000 shares will be scheduled to vest in installments during each July of 2014 through 2016, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 150% of the target amount, depending on achievement of specified performance goals; and (ii) provided specified performance goals are achieved, 400,000 shares will be scheduled to vest in installments during each December of 2014 through 2016, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 150% of the target amount, depending on achievement of specified performance goals; and (b) 330,000 shares of restricted stock previously reported that are scheduled to vest in installments during each June of 2014 and 2015 (all vesting is subject to continued employment through each applicable vest date).
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.13 to $19.18, inclusive. The reporting person undertakes to provide to Applied Materials, Inc., any security holder of Applied Materials, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 3 to this Form 4.
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