AMAT

SEC source: 0001127602-20-030790 · form4.xml · nonDerivative · entry 3

Salehpour Ali · CIK 0001563106 · SVP, Srv., Dspl. & Flex.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 588,893

F4 · shares: Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2021, subject to continued employment through each applicable vesting date.

F2 · balance_after: 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 216,587 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 35,861 performance shares are scheduled to vest in December 2020, (b) 86,671 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, and (c) 94,055 performance shares are scheduled to vest in installments in December of 2021 and 2022, 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).

SEC source: 0001127602-20-030790 · form4.xml · nonDerivative · entry 2

Salehpour Ali · CIK 0001563106 · SVP, Srv., Dspl. & Flex.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 565,519

F3 · shares: Represents performance shares that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2023, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals.

F2 · balance_after: 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 216,587 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 35,861 performance shares are scheduled to vest in December 2020, (b) 86,671 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, and (c) 94,055 performance shares are scheduled to vest in installments in December of 2021 and 2022, 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).

SEC source: 0001127602-20-030790 · form4.xml · nonDerivative · entry 1

Salehpour Ali · CIK 0001563106 · SVP, Srv., Dspl. & Flex.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 542,145

F1 · shares: Represents performance shares acquired based on achievement of specified performance goals related to performance shares previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2020, subject to continued employment through the vesting date.

F2 · balance_after: 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 216,587 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 35,861 performance shares are scheduled to vest in December 2020, (b) 86,671 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, and (c) 94,055 performance shares are scheduled to vest in installments in December of 2021 and 2022, 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).

SEC source: 0001127602-20-030791 · form4.xml · nonDerivative · entry 3

Nalamasu Omkaram · CIK 0001510815 · Senior Vice President, CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 264,525

F4 · shares: Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2021, subject to continued employment through each applicable vesting date.

F2 · balance_after: 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 120,011 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 20,172 performance shares are scheduled to vest in December 2020, (b) 48,210 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, and (c) 51,729 performance shares are scheduled to vest in installments in December of 2021 and 2022, 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).

SEC source: 0001127602-20-030791 · form4.xml · nonDerivative · entry 2

Nalamasu Omkaram · CIK 0001510815 · Senior Vice President, CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 248,845

F3 · shares: Represents performance shares that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2023, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals.

F2 · balance_after: 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 120,011 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 20,172 performance shares are scheduled to vest in December 2020, (b) 48,210 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, and (c) 51,729 performance shares are scheduled to vest in installments in December of 2021 and 2022, 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).

SEC source: 0001127602-20-030791 · form4.xml · nonDerivative · entry 1

Nalamasu Omkaram · CIK 0001510815 · Senior Vice President, CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 233,165

F1 · shares: Represents performance shares acquired based on achievement of specified performance goals related to performance shares previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2020, subject to continued employment through the vesting date.

F2 · balance_after: 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 120,011 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 20,172 performance shares are scheduled to vest in December 2020, (b) 48,210 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, and (c) 51,729 performance shares are scheduled to vest in installments in December of 2021 and 2022, 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).

SEC source: 0001127602-20-028055 · form4.xml · nonDerivative · entry 1

Durn Daniel · CIK 0001610062 · Senior Vice President, CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 346,983

F1 · shares: Represents the number of shares that were automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 235,655 performance shares 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) 86,262 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, (b) 125,090 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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, and (c) 24,303 restricted stock units are scheduled to vest in November of 2021 (all vesting is subject to continued employment through each applicable vesting date).

SEC source: 0001127602-20-020215 · form4.xml · nonDerivative · entry 2

Karsner Alexander · CIK 0001446059 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,508

F2 · balance_after: Number of shares includes 4,987 restricted stock units previously reported that in the future will be converted on a one-for-one basis into Applied common stock upon vesting, which vesting is scheduled to occur in March 2021 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-020215 · form4.xml · nonDerivative · entry 1

Karsner Alexander · CIK 0001446059 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,975

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.30 to $60.57, inclusive. The reporting person undertakes to provide to Applied Materials, Inc. ("Applied"), any security holder of Applied, 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 1 to this Form 4.

F2 · balance_after: Number of shares includes 4,987 restricted stock units previously reported that in the future will be converted on a one-for-one basis into Applied common stock upon vesting, which vesting is scheduled to occur in March 2021 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-019390 · form4.xml · nonDerivative · entry 1

Little Teri A. · CIK 0001656471 · SVP, CLO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 120,201

F1 · shares: Represents restricted stock units that 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 in three equal annual installments beginning July 1, 2021, subject to continued employment through each applicable vesting date.

SEC source: 0001127602-20-018730 · form4.xml · nonDerivative · entry 1

READ CHARLES · CIK 0001587870 · Corp. VP, Corp. Contrlr. & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,729

F1 · shares: Represents number of shares that was automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: 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 28,022 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 in installments in June of 2021 through 2023 and January of 2021 through 2024 (all vesting is subject to continued employment through each applicable vesting date).

SEC source: 0001127602-20-010885 · form4.xml · nonDerivative · entry 1

Ma Adrianna · CIK 0001576954 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,174

F1 · shares: Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units are scheduled to vest on March 1, 2021 (subject to continued service as a director through the vesting date). Pursuant to Ms. Ma's election to defer, any units that vest from this grant will be converted on a one-for-one basis into shares of Applied common stock and paid to her on the date of her termination of service from the Applied Board.

F2 · balance_after: Number of shares includes 26,669 restricted stock units previously reported that have vested and which, pursuant to Ms. Ma's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to her on the date of her termination of service from the Applied Board.

SEC source: 0001127602-20-010887 · form4.xml · nonDerivative · entry 1

DE GEUS AART · CIK 0001249802 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 152,442

F1 · shares: Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2021 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-010888 · form4.xml · nonDerivative · entry 1

CHEN XUN · CIK 0001284885 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,553

F1 · shares: Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2021 (subject to continued service as a director through the vesting date). Pursuant to Dr. Chen's election to defer, any units that vest from this grant 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.

F2 · balance_after: Number of shares includes 14,467 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.

SEC source: 0001127602-20-010889 · form4.xml · nonDerivative · entry 1

Forrest Stephen R · CIK 0001437592 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 75,942

F1 · shares: Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2021 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-010890 · form4.xml · nonDerivative · entry 1

Karsner Alexander · CIK 0001446059 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,002

F1 · shares: Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2021 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-010891 · form4.xml · nonDerivative · entry 1

MCGREGOR SCOTT A · CIK 0001057449 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,236

F1 · shares: Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2021 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-010893 · form4.xml · nonDerivative · entry 1

McGill Yvonne · CIK 0001556533 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,981

F1 · shares: Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2021 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-010895 · form4.xml · nonDerivative · entry 2

Iannotti Thomas J · CIK 0001339297 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,942

F1 · shares: Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2021 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-010897 · form4.xml · nonDerivative · entry 1

BRUNER JUDY · CIK 0001112668 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,541

F1 · shares: Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2021 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-006602 · form4.xml · nonDerivative · entry 1

Forrest Stephen R · CIK 0001437592 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,955

F1 · balance_after: Number of shares includes 5,988 restricted stock units previously reported that in the future will be converted on a one-for-one basis into Applied Materials, Inc. common stock upon vesting, which vesting is scheduled to occur in March 2020 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-010895 · form4.xml · nonDerivative · entry 1

Iannotti Thomas J · CIK 0001339297 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 64,955

SEC source: 0001127602-20-003682 · form4.xml · nonDerivative · entry 1

Durn Daniel · CIK 0001610062 · Senior Vice President, CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 359,779

F1 · shares: Represents number of shares that were automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 259,958 performance shares 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) 86,262 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, (b) 125,090 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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, and (c) 48,606 restricted stock units are scheduled to vest in installments in November of 2020 and 2021 (all vesting is subject to continued employment through each applicable vesting date).

SEC source: 0001127602-20-000943 · form4.xml · nonDerivative · entry 1

READ CHARLES · CIK 0001587870 · Corp. VP, Corp. Contrlr. & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,002

F1 · shares: Represents number of shares that was automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 29,273 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 in installments in June of 2020 through 2023 and January of 2021 through 2024 (all vesting is subject to continued employment through each applicable vesting date).

SEC source: 0001127602-20-000945 · form4.xml · nonDerivative · entry 1

POWELL DENNIS D · CIK 0001231878 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,247

F1 · shares: Represents number of restricted stock units automatically acquired based on a value of $61.04 per share, the closing price of Applied Materials, Inc. ("Applied") common stock on December 31, 2019, in a transaction exempt under Rule 16b-3(d). This automatic acquisition resulted from dividends accrued on vested restricted stock units that, pursuant to Mr. Powell'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 · balance_after: Number of shares includes: (a) 58,870 restricted stock units previously reported that have vested and which, pursuant to Mr. Powell'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) 5,988 restricted stock units previously reported that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in March 2020 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-000947 · form4.xml · nonDerivative · entry 1

Ma Adrianna · CIK 0001576954 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,187

F1 · shares: Represents number of restricted stock units automatically acquired based on a value of $61.04 per share, the closing price of Applied Materials, Inc. ("Applied") common stock on December 31, 2019, in a transaction exempt under Rule 16b-3(d). This automatic acquisition resulted from dividends accrued on vested restricted stock units that, pursuant to Ms. Ma's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to her on the date of her termination of service from the Applied Board of Directors.

F2 · balance_after: Number of shares includes: (a) 20,416 restricted stock units previously reported that have vested and which, pursuant to Ms. Ma's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to her on the date of her termination of service from the Applied Board of Directors and (b) 5,988 restricted stock units previously reported that are scheduled to vest in March 2020 (subject to continued service as a director through the vesting date) and which, pursuant to Ms. Ma's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to her on the date of her termination of service from the Applied Board of Directors.

SEC source: 0001127602-20-000949 · form4.xml · nonDerivative · entry 1

CHEN XUN · CIK 0001284885 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,566

F1 · shares: Represents number of restricted stock units automatically acquired based on a value of $61.04 per share, the closing price of Applied Materials, Inc. ("Applied") common stock on December 31, 2019, 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 · balance_after: Number of shares includes: (a) 14,286 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) 5,988 restricted stock units previously reported that are scheduled to vest in March 2020 (subject to continued service as a director through the vesting date).

SEC source: 0001127602-20-000951 · form4.xml · nonDerivative · entry 1

Salehpour Ali · CIK 0001563106 · SVP, Srv., Dspl. & Flex.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 539,276

F1 · balance_after: Number of shares includes 216,587 performance shares 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) 86,671 restricted stock units are scheduled to vest in installments in December of 2020 through 2022 and (b) 129,916 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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).

SEC source: 0001127602-19-035791 · form4.xml · nonDerivative · entry 1

Salehpour Ali · CIK 0001563106 · SVP, Srv., Dspl. & Flex.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 539,616

F1 · shares: Represents shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 216,587 performance shares 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) 86,671 restricted stock units are scheduled to vest in installments in December of 2020 through 2022 and (b) 129,916 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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).

SEC source: 0001127602-19-035793 · form4.xml · nonDerivative · entry 1

Raja Prabu G. · CIK 0001721738 · SVP, Semi. Products Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 424,890

F1 · shares: Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 183,255 performance shares 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) 84,052 restricted stock units are scheduled to vest in installments in December of 2020 through 2022 and (b) 99,203 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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).

SEC source: 0001127602-19-035794 · form4.xml · nonDerivative · entry 1

Nalamasu Omkaram · CIK 0001510815 · Senior Vice President, CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 231,425

F1 · shares: Represents number of shares that was automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 120,111 performance shares 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) 48,210 restricted stock units are scheduled to vest in installments in December of 2020 through 2022 and (b) 71,901 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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).

SEC source: 0001127602-19-035796 · form4.xml · nonDerivative · entry 1

Larkins Thomas F · CIK 0001562962 · Senior Vice President, GC

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 458,820

F1 · shares: Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 78,115 performance shares 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) 27,212 restricted stock units are scheduled to vest in installments in December of 2020 and 2021 and (b) 50,903 performance shares are scheduled to vest in December of 2020 and 2021, 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).

SEC source: 0001127602-19-035798 · form4.xml · nonDerivative · entry 1

Ghanayem Steve G. · CIK 0001721736 · SVP, New Mrkts & Alliances Grp

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 457,855

F1 · shares: Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 173,973 performance shares and restricted stock units previously reported that 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) 79,411 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, and (b) 94,562 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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).

SEC source: 0001127602-19-035800 · form4.xml · nonDerivative · entry 2

Durn Daniel · CIK 0001610062 · Senior Vice President, CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 369,654

F1 · shares: Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 278,588 performance shares 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) 18,630 restricted stock units are scheduled to vest in February 2020; notwithstanding the foregoing, if Mr. Durn's employment is terminated without cause prior to February 1, 2020, any unvested portion of the award shall immediately be fully vested upon such termination, (b) 86,262 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, (c) 125,090 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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, and (d) 48,606 restricted stock units are scheduled to vest in installments in November of 2020 and 2021 (all vesting is subject to continued employment through each applicable vesting date).

SEC source: 0001127602-19-035801 · form4.xml · nonDerivative · entry 1

DICKERSON GARY E · CIK 0001183258 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,297,598

F1 · shares: Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 733,030 performance shares 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) 133,902 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, and (b) 599,128 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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).

SEC source: 0001127602-19-035802 · form4.xml · nonDerivative · entry 1

ADDIEGO GINETTO · CIK 0001318062 · SVP, Engineer., Ops. & Quality

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 374,094

F1 · shares: Represents number of shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2 · balance_after: Number of shares includes 120,111 performance shares 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) 48,210 restricted stock units are scheduled to vest in installments in December of 2020 through 2022, and (b) 71,901 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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).

SEC source: 0001127602-19-035462 · form4.xml · nonDerivative · entry 1

Raja Prabu G. · CIK 0001721738 · SVP, Semi. Products Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 504,329

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.60 to $60.83, inclusive. The reporting person undertakes to provide to Applied Materials, Inc. ("Applied"), any security holder of Applied, 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 1 to this Form 4.

F2 · balance_after: Number of shares includes 348,428 performance shares and restricted stock units 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 is scheduled to occur as follows: (a) 115,426 performance shares are scheduled to vest in December of 2019, (b) 133,799 restricted stock units are scheduled to vest in installments in December of 2019 through 2022, and (c) 99,203 performance shares are scheduled to vest in installments in December of 2020 through 2022, 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).

SEC source: 0001127602-19-035800 · form4.xml · nonDerivative · entry 1

Durn Daniel · CIK 0001610062 · Senior Vice President, CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 418,323

SEC source: 0001127602-19-034643 · form4.xml · nonDerivative · entry 3

Salehpour Ali · CIK 0001563106 · SVP, Srv., Dspl. & Flex.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 639,464

F4 · shares: Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2020, subject to continued employment through each applicable vesting date.

F2 · balance_after: 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 313,970 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 116,024 performance shares are scheduled to vest in December 2019, (b) 104,071 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 93,875 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034643 · form4.xml · nonDerivative · entry 2

Salehpour Ali · CIK 0001563106 · SVP, Srv., Dspl. & Flex.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 603,423

F3 · shares: Represents performance shares that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2022, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals.

F2 · balance_after: 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 313,970 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 116,024 performance shares are scheduled to vest in December 2019, (b) 104,071 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 93,875 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034643 · form4.xml · nonDerivative · entry 1

Salehpour Ali · CIK 0001563106 · SVP, Srv., Dspl. & Flex.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 567,382

F1 · shares: Represents performance shares acquired based on achievement of specified performance goals related to performance shares previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2019, subject to continued employment through the vesting date.

F2 · balance_after: 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 313,970 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 116,024 performance shares are scheduled to vest in December 2019, (b) 104,071 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 93,875 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034644 · form4.xml · nonDerivative · entry 3

Raja Prabu G. · CIK 0001721738 · SVP, Semi. Products Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 554,329

F4 · shares: Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2020, subject to continued employment through each applicable vesting date.

F2 · balance_after: 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 262,607 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 86,615 performance shares are scheduled to vest in December of 2019, (b) 105,294 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 70,698 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034644 · form4.xml · nonDerivative · entry 2

Raja Prabu G. · CIK 0001721738 · SVP, Semi. Products Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 525,824

F3 · shares: Represents performance shares that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2022, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals.

F2 · balance_after: 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 262,607 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 86,615 performance shares are scheduled to vest in December of 2019, (b) 105,294 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 70,698 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034644 · form4.xml · nonDerivative · entry 1

Raja Prabu G. · CIK 0001721738 · SVP, Semi. Products Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 497,319

F1 · shares: Represents performance shares acquired based on achievement of specified performance goals related to performance shares previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2019, subject to continued employment through the vesting date.

F2 · balance_after: 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 262,607 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 86,615 performance shares are scheduled to vest in December of 2019, (b) 105,294 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 70,698 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034645 · form4.xml · nonDerivative · entry 1

READ CHARLES · CIK 0001587870 · Corp. VP, Corp. Contrlr. & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,882

F1 · shares: Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur in four equal annual installments beginning January 1, 2021 (subject to continued employment through each applicable vesting date).

F2 · balance_after: 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 35,406 restricted stock units 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 is scheduled to occur in installments in January and June of 2020 through 2023 (all vesting is subject to continued employment through each applicable vesting date).

SEC source: 0001127602-19-034646 · form4.xml · nonDerivative · entry 1

Larkins Thomas F · CIK 0001562962 · Senior Vice President, GC

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 515,501

F1 · shares: Represents performance shares acquired based on achievement of specified performance goals related to performance shares previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2019, subject to continued employment through the vesting date.

F2 · balance_after: Number of shares includes 176,647 performance shares 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) 69,106 performance shares are scheduled to vest in December 2019, (b) 56,638 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 50,903 performance shares are scheduled to vest in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034647 · form4.xml · nonDerivative · entry 3

Ghanayem Steve G. · CIK 0001721736 · SVP, New Mrkts & Alliances Grp

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 537,287

F4 · shares: Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2020, subject to continued employment through each applicable vesting date.

F2 · balance_after: Number of shares includes 262,607 performance shares and restricted stock units previously reported that will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 86,615 performance shares are scheduled to vest in December 2019, (b) 105,294 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 70,698 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034647 · form4.xml · nonDerivative · entry 2

Ghanayem Steve G. · CIK 0001721736 · SVP, New Mrkts & Alliances Grp

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 513,423

F3 · shares: Represents performance shares that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on December 19, 2022, depending on the achievement of specified performance goals and continued employment through the vesting date. The number of shares shown is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on the achievement of specified performance goals.

F2 · balance_after: Number of shares includes 262,607 performance shares and restricted stock units previously reported that will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 86,615 performance shares are scheduled to vest in December 2019, (b) 105,294 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 70,698 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034647 · form4.xml · nonDerivative · entry 1

Ghanayem Steve G. · CIK 0001721736 · SVP, New Mrkts & Alliances Grp

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 489,559

F1 · shares: Represents performance shares acquired based on achievement of specified performance goals related to performance shares previously granted. This acquisition is exempt under Rule 16b-3. The shares are scheduled to vest on December 19, 2019, subject to continued employment through the vesting date.

F2 · balance_after: Number of shares includes 262,607 performance shares and restricted stock units previously reported that will be converted on a one-for-one basis into shares of Applied Materials, Inc. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 86,615 performance shares are scheduled to vest in December 2019, (b) 105,294 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, and (c) 70,698 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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).

SEC source: 0001127602-19-034648 · form4.xml · nonDerivative · entry 3

Durn Daniel · CIK 0001610062 · Senior Vice President, CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 418,718

F4 · shares: Represents restricted stock units that will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in three equal annual installments beginning December 19, 2020, subject to continued employment through each applicable vesting date.

F2 · balance_after: Number of shares includes 276,702 performance shares 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. ("Applied") common stock upon vesting, which vesting is scheduled to occur as follows: (a) 33,535 performance shares are scheduled to vest in December 2019, (b) 18,630 restricted stock units are scheduled to vest in February 2020; notwithstanding the foregoing, if Mr. Durn's employment is terminated without cause prior to February 1, 2020, any unvested portion of the award shall immediately be fully vested upon such termination, (c) 88,682 restricted stock units are scheduled to vest in installments in December of 2019 through 2021, (d) 87,249 performance shares are scheduled to vest in installments in December of 2020 and 2021, 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, and (e) 48,606 restricted stock units are scheduled to vest in installments in November of 2020 and 2021 (all vesting is subject to continued employment through each applicable vesting date).