SEC Form 4 · accession 0000707549-17-000047
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
Mar 16, 2017
Accepted (ET)
Mar 20, 2017 · 5:59 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 | Mar 16, 2017 | S | 20,000 | $124.50 | D | 72,641 | D | |
| Common StockF1,F2 | Mar 16, 2017 | S | 26,262 | $124.50 | D | 46,379 | D | |
| Common StockF3,F2 | Mar 16, 2017 | M | 7,242 | $51.76 | A | 53,621 | D | |
| Common StockF1,F2 | Mar 16, 2017 | S | 7,242 | $124.50 | D | 46,379 | D | |
| Common StockF3,F2 | Mar 16, 2017 | M | 4,829 | $51.76 | A | 51,208 | D | |
| Common StockF1,F2 | Mar 16, 2017 | S | 4,829 | $124.50 | D | 46,379 | D | |
| Common StockF3,F2 | Mar 16, 2017 | M | 4,829 | $51.76 | A | 51,208 | D | |
| Common StockF1,F2 | Mar 16, 2017 | S | 4,829 | $124.50 | D | 46,379 | D | |
| Common StockF3,F2 | Mar 16, 2017 | M | 3,722 | $80.60 | A | 50,101 | D | |
| Common StockF1,F2 | Mar 16, 2017 | S | 3,722 | $124.50 | D | 46,379 | D | |
| Common StockF3,F2 | Mar 16, 2017 | M | 3,722 | $80.60 | A | 50,101 | D | |
| Common StockF1,F2 | Mar 16, 2017 | S | 3,722 | $124.50 | D | 46,379 | D | |
| Common StockF3,F2 | Mar 16, 2017 | M | 9,403 | $75.57 | A | 55,782 | D | |
| Common StockF1,F2 | Mar 16, 2017 | S | 9,403 | $124.50 | D | 46,379 | 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,F4 | $51.76 | Mar 16, 2017 | M | 7,242 | D | — | Feb 18, 2021 | Common Stock | 7,242 | 0 | D |
| Employee Stock Option (Right to Buy)F3,F5 | $51.76 | Mar 16, 2017 | M | 4,829 | D | — | Feb 18, 2021 | Common Stock | 4,829 | 4,829 | D |
| Employee Stock Option (Right to Buy)F3,F5 | $51.76 | Mar 16, 2017 | M | 4,829 | D | — | Feb 18, 2021 | Common Stock | 4,829 | 0 | D |
| Employee Stock Option (Right to Buy)F3,F6 | $80.60 | Mar 16, 2017 | M | 3,722 | D | — | Feb 11, 2022 | Common Stock | 3,722 | 7,444 | D |
| Employee Stock Option (Right to Buy)F3,F6 | $80.60 | Mar 16, 2017 | M | 3,722 | D | — | Feb 11, 2022 | Common Stock | 3,722 | 3,722 | D |
| Employee Stock Option (Right to Buy)F3,F7 | $75.57 | Mar 16, 2017 | M | 9,403 | D | — | Mar 1, 2023 | Common Stock | 9,403 | 18,806 | 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
- F4100% of the stock options will vest on 2/18/16.
- F533.3% of the stock options will vest on 2/18/15, 2/18/16 and 2/18/17.
- F633.3% of the stock options will vest on 2/11/16, 2/11/17, and 2/11/18.
- F733.3% of the stock options will vest on 3/1/17, 3/1/18, and 3/1/19.