APPLIED MATERIALS INC /DE — Director's Dealing 2011

Apr 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2011-04-04

Reporting Person: Pappis Charles C (Group VP, GM AGS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-04	Common Stock	M	21667	$8.58	Acquired	269376.9165	Direct
2011-04-04	Common Stock	S	21667	$15.37	Disposed	247709.9165	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-04	Employee Stock Option (right to buy)	$8.58	M	21667	Disposed	2014-03-09	Common Stock (21667)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3199.955	Indirect

Footnotes

F1: Number of shares includes 246,500 performance shares (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) 9,000 shares are scheduled to vest during August of 2011; (b) 37,500 shares are scheduled to vest in installments during each December of 2011 through 2013; and (b) provided specified performance goals are achieved, 200,000 shares will be scheduled to vest in installments during each December of 2011 through 2014 (all vesting will be subject to continued employment through each vest date).

F2: Increased number of shares reflects dividend reinvestment under the 401(k) Plan that is exempt under Rule 16b-3.

F3: 21,667 shares became exercisable on 4/1/2011 and 21,667 shares are scheduled to become exercisable on 4/1/2012 (subject to continued employment through the vest date).