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WASHINGTON - The group vice president and chief information officer of Applied Materials Inc. exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing.
| AMAT | 12.7 |  -0.1 |
In a Form 4 filed Monday with the SEC, Ron Kifer reported he exercised the options Thursday for $17.62 apiece and then sold a total of 14,191 shares on the same day for $19.40 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Applied Materials, which supplies computer chip-making equipment, is based in Santa Clara, Calif.
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