APPLIED MATERIALS INC /DE — Director's Dealing 2007

Jul 12, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2007-07-09

Reporting Person: Moghadam Farhad (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-09	Common Stock	M	60000	$16.28	Acquired	330242	Direct
2007-07-09	Common Stock	S	60000	$20.20	Disposed	270242	Direct
2007-07-09	Common Stock	M	40000	$16.28	Acquired	310242	Direct
2007-07-09	Common Stock	S	40000	$20.20	Disposed	270242	Direct
2007-07-09	Common Stock	M	40000	$16.28	Acquired	310242	Direct
2007-07-09	Common Stock	S	40000	$20.30	Disposed	270242	Direct
2007-07-09	Common Stock	M	15739	$17.39	Acquired	285981	Direct
2007-07-09	Common Stock	S	15739	$20.30	Disposed	270242	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-09	Employee Stock Option (right to buy)	$16.28	M	60000	Disposed	2008-10-19	Common Stock (60000)	Direct
2007-07-09	Employee Stock Option (right to buy)	$16.28	M	80000	Disposed	2008-10-19	Common Stock (80000)	Direct
2007-07-09	Employee Stock Option (right to buy)	$17.39	M	15739	Disposed	2010-07-11	Common Stock (15739)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2500	Indirect
Common Stock	12773.124	Indirect

Footnotes

F1: Number of shares includes 262,500 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: 37,500 performance shares are scheduled to vest in three equal annual installments beginning 8/31/07; and, provided specified performance goals are achieved, 225,000 performance shares are scheduled to vest no earlier than in four equal annual installments beginning 12/19/07 (all vesting is subject to continued employment).

F2: Shares are held in accounts for Mr. Moghadam's sons, for which Mr. Moghadam's wife is the custodian. Mr. Moghadam disclaims beneficial ownership of these shares.

F3: 30,000 shares became exercisable on each of 7/15/03 and 7/15/04.

F4: 30,000 shares became exercisable on each of 7/15/05 and 7/15/06.