SEC Form 4 · accession 0000707549-17-000021
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
Feb 14, 2017
Accepted (ET)
Feb 16, 2017 · 12:54 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 | Feb 14, 2017 | M | 20,000 | $29.34 | A | 93,263 | D | |
| Common StockF3,F4,F2 | Feb 14, 2017 | S | 11,361 | $115.47 | D | 81,902 | D | |
| Common StockF3,F5,F2 | Feb 14, 2017 | S | 8,639 | $115.81 | D | 73,263 | 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)F1 | $29.34 | Feb 14, 2017 | M | 20,000 | D | Dec 16, 2011 | Dec 16, 2020 | Common Stock | 20,000 | 0 | 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 $114.70 to $115.69, inclusive.
- F5The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $115.70 to $115.95, inclusive.