SEC Form 4 · accession 0000707549-18-000029

LAM RESEARCH CORP · LRCX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and COO

Period of report

Feb 9, 2018

Accepted (ET)

Feb 13, 2018 · 6:20 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 Stock^F1,F2	Feb 9, 2018	M	32,568	$165.87	A	100,467	D
Common Stock^F2	Feb 9, 2018	F	15,256	$165.87	D	85,211	D
Common Stock^F2	Feb 9, 2018	F	2,870	$165.87	D	82,341	D
Common Stock	holding	—	—		—	4,437	I	By 401(k)
Common Stock	holding	—	—		—	524	I	By Spouse 401(k)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Market-based Performance Restricted Stock Unit^F1,F3	$0.00	Feb 9, 2018	M	21,712	A	—	—	Common Stock	21,712	0	D

F1On 2/11/15, the Reporting Person received a target grant of 21,712 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 2/11/18. The performance of this award was based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Sector Index Total Shareholder Return during the performance period of 2/2/15 to 2/1/18. The performance payout was approved at 150% of target.
F2Amount reported includes shares subject to unvested Restricted Stock Units.
F3These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/11/18. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Sector Index Total Shareholder Return during the performance period of 2/2/15 to 2/1/18.