SEC Form 4 · accession 0000707549-18-000160
LAM RESEARCH CORP · LRCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Archer
Officer — President and CEO
Period of report
Dec 6, 2018
Accepted (ET)
Dec 10, 2018 · 9:21 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,F2 | Dec 6, 2018 | A | 17,021 | $0.00 | A | 83,110 | D | |
| Common Stock | holding | — | — | — | 4,509 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 533 | I | By Spouse 401(k) |
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 | $145.73 | Dec 6, 2018 | A | 71,430 | A | — | Dec 6, 2025 | Common Stock | 71,430 | 71,430 | D |
Explanation of responses
- F1This restricted stock award will vest over four years, a quarter on the one-year anniversary of the grant date and the remainder on a pro-rated basis on the 6th day of every month thereafter for the next 36 months.
- F2Amount reported includes shares subject to unvested Restricted Stock Units.
- F3This stock option becomes exercisable over four years, a quarter on the one-year anniversary of the grant date and the remainder on a pro-rated basis on the 6th day of every month thereafter for the next 36 months.