APPLIED MATERIALS INC /DE — Director's Dealing 2011

Jan 27, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2011-01-24

Reporting Person: Nalamasu Omkaram (Corporate VP, CTO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	83743	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$17.68	2013-10-03	Common Stock (35000)		Direct
Employee Stock Option (right to buy)	$18.12	2013-11-17	Common Stock (35000)		Direct
Employee Stock Option (right to buy)	$8.58	2014-03-09	Common Stock (36000)		Direct

Footnotes

F1: Number of shares includes 70,000 performance shares (restricted stock units) 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) 3,000 shares are scheduled to vest on 8/31/2011; (b) 7,500 shares are scheduled to vest in installments during each of July of 2011 through 2013; (c) 16,000 shares are scheduled to vest in installments during each of February of 2011 through 2014; and (d) 43,500 shares are scheduled to vest in installments during each January of 2012 through 2015 (all vesting is subject to continued employment through each vesting date).

F2: 12,000 shares became exercisable on 4/1/2010 and 24,000 shares become exercisable in two equal annual installments beginning on 4/1/2011 (all vesting is subject to continued employment through each vesting date).