SEC Form 4 · accession 0000707549-16-000065
LAM RESEARCH CORP · LRCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Gottscho
Officer — Executive Vice President
Period of report
Oct 6, 2016
Accepted (ET)
Oct 11, 2016 · 1:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000707549
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 6, 2016 | S | 6,189 | $98.85 | D | 71,258 | D | |
| Common StockF2 | Oct 6, 2016 | M | 36,522 | $42.61 | A | 107,780 | D | |
| Common StockF1,F2 | Oct 6, 2016 | S | 36,522 | $98.85 | D | 71,258 | D | |
| Common StockF2 | Oct 6, 2016 | M | 4,829 | $51.76 | A | 76,087 | D | |
| Common StockF1,F2 | Oct 6, 2016 | S | 4,829 | $98.85 | D | 71,258 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $42.61 | Oct 6, 2016 | M | 36,522 | D | Feb 8, 2015 | Feb 8, 2020 | Common Stock | 36,522 | 0 | D |
| Employee Stock Option (Right to Buy)F3,F4 | $51.76 | Oct 6, 2016 | M | 4,829 | D | — | Feb 18, 2021 | Common Stock | 4,829 | 9,658 | D |
Explanation of responses
- F1Shares sold pursuant to 10b5-1 Trading Plan.
- F2Amount reported includes shares subject to unvested Restricted Stock Units.
- F3Shares exercised pursuant to 10b5-1 Trading Plan
- F433.3% of the stock options will vest on 2/18/15, 2/18/16 and 2/18/17.