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APPLIED MATERIALS INC /DE Director's Dealing 2007

Aug 22, 2007

29806_dirs_2007-08-21_112fe460-fde5-4055-84de-69efd8518356.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2007-08-17

Reporting Person: Almogy Gilad (Group Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-08-17 Common Stock M 40000 $15.07 Acquired 197050 Direct
2007-08-17 Common Stock S 40000 $20.72 Disposed 157050 Direct
2007-08-17 Common Stock M 30000 $15.07 Acquired 187050 Direct
2007-08-17 Common Stock S 30000 $20.6946 Disposed 157050 Direct
2007-08-17 Common Stock M 37500 $16.12 Acquired 194550 Direct
2007-08-17 Common Stock S 37500 $20.6974 Disposed 157050 Direct
2007-08-17 Common Stock M 37500 $16.12 Acquired 194550 Direct
2007-08-17 Common Stock S 37500 $20.7067 Disposed 157050 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-08-17 Employee Stock Option (right to buy) $15.07 M 40000 Disposed 2009-11-19 Common Stock (40000) Direct
2007-08-17 Employee Stock Option (right to buy) $15.07 M 30000 Disposed 2009-11-19 Common Stock (30000) Direct
2007-08-17 Employee Stock Option (right to buy) $16.12 M 37500 Disposed 2011-11-03 Common Stock (37500) Direct
2007-08-17 Employee Stock Option (right to buy) $16.12 M 37500 Disposed 2011-11-03 Common Stock (37500) Direct

Footnotes

F1: Number of shares includes 157,050 performance shares (or 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 immediately upon vesting, which vesting is scheduled to occur as follows: 75,000 performance shares are scheduled to vest in four equal annual installments beginning 8/31/07 and 82,050 performance shares are scheduled to vest in three equal annual installments beginning 8/31/07 (subject to continued employment).

F2: 25,000 shares became exercisable on each of 7/15/05, 7/15/06 and 7/15/07; and 25,000 shares become exercisable on 7/15/08, subject to continued employment.