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APPLIED MATERIALS INC /DE Director's Dealing 2012

Dec 22, 2012

29806_dirs_2012-12-21_f0b46a9c-78ef-486a-9336-264b97618e6e.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: 2012-12-19

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-12-19 Common Stock F 20863 $11.34 Disposed 447846.9165 Direct
2012-12-21 Common Stock S 11900 $11.33 Disposed 435946.9165 Direct
2012-12-21 Common Stock S 24112 $11.34 Disposed 411834.9165 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3368.326 Indirect

Footnotes

F1: Represents shares that were automatically withheld upon vesting of performance shares to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

F2: Number of shares includes 410,625 performance shares 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) 88,125 shares are scheduled to vest in installments during each December of 2013 and 2014; (b) provided specified performance goals are achieved, 22,500 shares will be scheduled to vest in December 2013; and (c) provided specified performance goals are achieved, 300,000 shares will be scheduled to vest in installments during each December of 2013 through 2016, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 150% of the target amount depending on the achievement of specified performance goals (all vesting is subject to continued employment through each applicable vest date).

F3: Increased number of shares reflects dividend reinvestment under the 401(k) Plan that is exempt under Rule 16b-3.