X0303 4 2008-04-30 0 0000836106 NOVELLUS SYSTEMS INC NVLS 0001185713 HILL RICHARD 0 1 0 0 CEO Common Stock 2008-04-30 4 J 0 269 18.581 A 322591 D Common Stock 2008-10-31 4 J 0 372 13.43 A 322963 D Common Stock 2008-12-13 4 M 0 375 12.53 A 11949 I By Spouse Common Stock 2008-12-13 4 F 0 134 12.53 D 11815 I By Spouse Common Stock 2008-12-13 4 M 0 125 12.53 A 11940 I By Spouse Common Stock 2008-12-13 4 F 0 44 12.53 D 11897 I By Spouse Common Stock 1533 I By 401K Non-Qualified Stock Option 12.47 2008-12-18 4 A 0 3975 12.47 A 2018-12-18 Common Stock 3975 3975 I By Spouse Restricted Stock Unit 0 2008-12-18 4 A 0 3175 0 A 2012-12-18 Common Stock 3175 3175 I By Spouse Shares were acquired pursuant to the Company's Section 423 ESPP. Represents the ESPP purchase price/85% of Company's closing stock price on 4/30/08. Represents the ESPP purchase price/85% of Company's closing stock price on 10/31/08. Represents derivative securities that were converted to common stock through the vesting of a Restricted Stock Unit for Mrs. Hill. Represents the Company's closing stock price on date of release of the Restricted Stock Unit. Shares were forfeited to cover tax obligation upon vesting of the Restricted Stock Unit for Mrs. Hill. The indirect holdings by Mrs. Hill include 1,361 estimated shares held in the Company's 401K unitized stock fund. This balance is reported as of the last business day. The remaining shares are held in Common Stock and unvested Restricted Stock Awards. Indirect holdings in the 401K are held in the Company's unitized stock fund. The balance is reported as of the last business day. Represents the Company's closing stock price on date of grant. The grant vests in four annual equal installments beginning December 18, 2009. Each Restricted Stock Unit represents a contingent right to receive one share of NVLS Common Stock. Richard Hill 2008-12-22