Nalamasu Omkaram sold AMAT
December 20, 2024 · Form 4 insider transaction
Nalamasu Omkaram sold 36,300 shares of Applied Materials, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as gift and disclosed on an SEC Form 4, filed 28 days after the transaction.
Footnotes
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).