SEC Form 4 · accession 0000707549-17-000011
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 31, 2017
Accepted (ET)
Feb 2, 2017 · 5:27 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 31, 2017 | S | 5,777 | $115.96 | D | 76,284 | D | |
| Common StockF3,F2 | Jan 31, 2017 | M | 22,803 | $42.61 | A | 99,087 | D | |
| Common StockF1,F4,F2 | Jan 31, 2017 | S | 21,860 | $115.00 | D | 77,227 | D | |
| Common StockF1,F5,F2 | Jan 31, 2017 | S | 943 | $115.89 | D | 76,284 | D | |
| Common Stock | holding | — | — | — | 4,385 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 518 | 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)F3,F6 | $42.61 | Jan 31, 2017 | M | 22,803 | D | Feb 8, 2015 | Feb 8, 2020 | Common Stock | 22,803 | 30,000 | 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
- F4The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $114.52 to $115.51, inclusive.
- F5The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $115.53 to $116.04, inclusive.
- F6100% of the stock options vested on 02/08/2015.