SEC Form 4 · accession 0001192381-15-000013
LAM RESEARCH CORP · LRCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Gottscho
Officer — Executive Vice President
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 6:25 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 | Feb 11, 2015 | A | 14,888 | $0.00 | A | 66,540 | 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 | $80.60 | Feb 11, 2015 | A | 11,166 | A | — | Feb 11, 2022 | Common Stock | 11,166 | 69,417 | D |
| Market-based Performance Restricted Stock UnitF4 | $0.00 | Feb 11, 2015 | A | 18,610 | A | — | — | Common Stock | 18,610 | 54,833 | D |
Explanation of responses
- F133.3% of the RSUs will vest on 2/11/16, 2/11/17, and 2/11/18.
- F2Amount reported includes shares subject to unvested Restricted Stock Units.
- F333.3% of the stock options will vest on 2/11/16, 2/11/17, and 2/11/18.
- F4These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/11/18. The performance of these awards 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 2/2/18.