SEC Form 4 · accession 0000707549-18-000092
LAM RESEARCH CORP · LRCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin B Anstice
Officer — Chief Executive Officer
Period of report
May 22, 2018
Accepted (ET)
May 23, 2018 · 2:34 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 | May 22, 2018 | M | 25,122 | $80.60 | A | 154,381 | D | |
| Common StockF2,F1 | May 22, 2018 | S | 3,285 | $202.96 | D | 151,096 | D | |
| Common StockF3,F1 | May 22, 2018 | S | 16,700 | $203.73 | D | 134,396 | D | |
| Common StockF4,F1 | May 22, 2018 | S | 5,137 | $204.73 | D | 129,259 | 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)F5 | $80.60 | May 22, 2018 | M | 25,122 | D | — | Feb 11, 2022 | Common Stock | 25,122 | 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 $202.32 to $203.31, inclusive.
- F3The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $203.32 to $204.23, inclusive.
- F4The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $204.33 to $205.19, inclusive.
- F5On 2/11/2015, the reporting person was granted stock options with a graded vesting schedule in which one-third of the total grant vested on each on 2/11/16, 2/11/17, and 2/11/18.