AMETEK INC/ — Director's Dealing 2010

Nov 24, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMETEK INC/ (AME)
CIK: 0001037868
Period of Report: 2010-11-24

Reporting Person: VARET ELIZEBETH R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-24	Common Stock	S	600	$57.94	Disposed	1200	Indirect
2010-11-24	Common Stock	S	1000	$58.195	Disposed	80505	Direct
2010-11-24	Common Stock	S	4000	$58.2104	Disposed	296157	Indirect
2010-11-24	Common Stock	S	4000	$58.3708	Disposed	292157	Indirect
2010-11-24	Common Stock	S	3000	$58.292	Disposed	289157	Indirect
2010-11-24	Common Stock	S	2000	$58.3603	Disposed	287157	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30000	Indirect
Common Stock	1800	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$21.094	2011-07-21	Common Stock (5250)	5250	Direct
Stock Option	$25.2867	2012-04-26	Common Stock (3900)	3900	Direct
Stock Option	$33.2667	2013-04-25	Common Stock (3645)	3645	Direct
Stock Option	$36.44	2014-04-23	Common Stock (4240)	4240	Direct
Stock Option	$48.60	2015-04-22	Common Stock (3630)	3630	Direct
Stock Option	$32.71	2016-04-22	Common Stock (3920)	3920	Direct
Stock Option	$44.07	2017-04-28	Common Stock (3370)	3370	Direct

Footnotes

F1: The reporting person is a managing member of the limited liability company which holds the securities for the benefit of the reporting person's adult child. The reporting person disclaims any beneficial ownership of these securities.

F2: The shares were sold at prices ranging from $58.19 to $58.20 per share. Upon request from the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.

F3: Held by trust of which the reporting person is a co-trustee or co-beneficiary.

F4: The shares were sold at prices ranging from $57.94 to $58.3650 per share. Upon request from the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide information on the number of shares sold at each separate price.

F5: The shares were sold at prices ranging from $58.24 to $58.4506 per share. Upon request from the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.

F6: The shares were sold at prices ranging from $58.27 to $58.31 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide information on the number of shares sold at each separate price.

F7: The shares were sold at prices ranging from $58.36 to $58.3625 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.

F8: These shares are held in a trust for the benefit of the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities.

F9: The reporting person has a power of attorney over the securities. The reporting person disclaims beneficial ownership of these securities.

F10: The stock options will become exercisable in four equal annual installments beginning on July 22, 2005.

F11: The stock options will become exercisable in four equal annual installments beginning on April 27, 2006.

F12: The stock options will become exercisable in four equal annual installments beginning on April 26, 2007.

F13: The stock options will become exercisable in four equal annual installments beginning on April 24, 2008.

F14: The stock options will become exercisable in four equal annual installments beginning on April 23, 2009.

F15: The stock options will become exercisable in four equal annual installments beginning on April 23, 2010.

F16: The stock options will become exercisable in four equal annual installments beginning on April 29, 2011.