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APPLIED MATERIALS INC /DE Director's Dealing 2009

Mar 12, 2009

29806_dirs_2009-03-11_a76a0884-b99f-4ca9-9e54-353f0f1be705.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: 2009-03-09

Reporting Person: Kerschbaum Manfred (Senior Vice President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-03-09 Employee Stock Option (right to buy) $8.58 A 600000 Acquired 2014-03-09 Common Stock (600000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 310370 Direct
Common Stock 12437.723 Indirect

Footnotes

F1: Number of shares includes 225,625 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) 10,000 performance shares are scheduled to vest on 8/31/09; (b) 112,500 performance shares are scheduled to vest in two equal annual installments beginning 12/19/09; (c) 65,625 performance shares are scheduled to vest in three equal annual installments beginning 12/19/09; and (d) provided specified performance goals are achieved, 37,500 performance shares are scheduled to vest (i) as to 18,750 shares no earlier than on 12/19/09 and (ii) as to 18,750 shares no earlier than in two equal annual installments beginning 12/19/10 (all vesting is subject to continued employment).

F2: Amount reported solely to reflect increased number of shares from periodic payroll acquisitions and dividend reinvestment under the 401(k) Plan that are exempt under Rule 16b-3.

F3: Shares become exercisable in three equal annual installments beginning on April 1, 2010 (assuming continued employment).