APPLIED MATERIALS INC /DE — Director's Dealing 2011

Mar 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2011-03-08

Reporting Person: JAMES SUSAN M. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-08	Common Stock	A	12666	—	Acquired	32784	Direct

Footnotes

F1: Represents automatic annual grant of performance shares (restricted stock units) to non-employee member of the Board of Directors (the "Board") pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These performance shares are scheduled to vest in four equal annual installments beginning 3/1/2012 (subject to continued service as a director through each vest date). Pursuant to Ms. James' election, any shares that vest from this grant will be converted to shares of Applied common stock and paid to her on the date of her termination of service from the Applied Board.

F2: Number of shares includes: (a) 4,068 performance shares (restricted stock units) that previously vested and which, pursuant to Ms. James' election, will be converted to shares of Applied common stock and paid to her on the date of her termination of service from the Applied Board, and (b) 15,089 performance shares (restricted stock units) previously reported, of which (i) 2,884 shares will be converted in the future on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur in installments during each December of 2011 through 2013, and (ii) 12,205 shares are scheduled to vest in installments during each March of 2012 through 2014 and which, pursuant to Ms. James' election, will be converted to shares of Applied common stock and paid to her on the date of her termination of service from the Applied Board (all vesting is subject to continued service as a director through each vest date).