SEC Form 4 · accession 0000707549-17-000168
LAM RESEARCH CORP · LRCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin B Anstice
Officer — President and CEO
Period of report
Nov 20, 2017
Accepted (ET)
Nov 22, 2017 · 2:35 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 | Nov 20, 2017 | M | 21,993 | $51.76 | A | 145,250 | D | |
| Common StockF2,F1 | Nov 20, 2017 | D | 600 | $212.43 | D | 144,650 | D | |
| Common StockF3,F1 | Nov 20, 2017 | D | 3,900 | $213.62 | D | 140,750 | D | |
| Common StockF4,F1 | Nov 20, 2017 | D | 18,954 | $214.75 | D | 121,796 | D | |
| Common StockF5,F1 | Nov 20, 2017 | D | 12,759 | $215.52 | D | 109,037 | 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)F6 | $51.76 | Nov 20, 2017 | M | 21,993 | D | — | Feb 18, 2021 | Common Stock | 21,993 | 0 | D |
Explanation of responses
- F1Amount reported includes shares subject to unvested Restricted Stock Units.
- F2The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $212.05 to $212.96, inclusive.
- F3The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $213.10 to 214.03, inclusive.
- F4The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $214.15 to $215.14, inclusive.
- F5The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $215.16 to $216.09, inclusive.
- F6On 2/18/2014, the reporting person was granted stock options with a graded vesting schedule in which one-third of the total grant vested on each of 2/18/2015, 2/18/2016 and 2/18/2017.