SEC Form 4 · accession 0000707549-17-000003
LAM RESEARCH CORP · LRCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Archer
Officer — Chief Operating Officer
Period of report
Jan 17, 2017
Accepted (ET)
Jan 19, 2017 · 7:20 pm EST
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 | Jan 17, 2017 | M | 20,500 | $29.34 | A | 102,561 | D | |
| Common StockF3,F4,F2 | Jan 17, 2017 | S | 19,100 | $109.29 | D | 83,461 | D | |
| Common StockF3,F5,F2 | Jan 17, 2017 | S | 1,400 | $110.31 | D | 82,061 | D | |
| Common Stock | holding | — | — | — | 4,367 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 516 | I | By Spouse 401(k) |
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)F1,F6 | $29.34 | Jan 17, 2017 | M | 20,500 | D | Dec 16, 2011 | Dec 16, 2020 | Common Stock | 20,500 | 20,000 | D |
Explanation of responses
- F1Shares exercised pursuant to 10b5-1 Trading Plan
- F2Amount reported includes shares subject to unvested Restricted Stock Units.
- F3Shares sold pursuant to 10b5-1 Trading Plan.
- F4The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $109.00 to $109.94, inclusive.
- F5The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $110.12 to $110.40, inclusive.
- F6The option vested 25% annually from 12/16/2011 to 12/16/2014.