SEC Form 4 · accession 0000707549-18-000081
LAM RESEARCH CORP · LRCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick J Lord
Officer — Senior Vice President
Period of report
Apr 20, 2018
Accepted (ET)
Apr 23, 2018 · 6:04 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 | Apr 20, 2018 | S | 4,655 | $193.55 | D | 9,761 | D | |
| Common StockF2 | Apr 20, 2018 | M | 1,553 | $119.67 | A | 11,314 | D | |
| Common StockF2 | Apr 20, 2018 | S | 1,553 | $193.935 | D | 9,761 | 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 | $119.67 | Apr 20, 2018 | M | 1,553 | A | — | Mar 1, 2024 | Common Stock | 1,553 | 3,107 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $193.51 to $193.73, inclusive.
- F2Amount reported includes shares subject to unvested Restricted Stock Units.
- F333.3% of the stock options will vest on 3/1/18, 3/1/19, and 3/1/20.