SEC Form 4 · accession 0001628280-16-011501

LAM RESEARCH CORP · LRCX

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

Reporting owner

Officer — President and CEO

Period of report

Feb 18, 2016

Accepted (ET)

Feb 22, 2016 · 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
Common Stock^F1	Feb 18, 2016	F	12,495	$67.77	D	120,725	D
Common Stock^F1	Feb 18, 2016	F	8,737	$67.77	D	111,988	D
Common Stock^F2,F1	Feb 22, 2016	M	44,598	$67.77	A	156,586	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Market-based Performance Restricted Stock Unit^F2,F3	$0.00	Feb 18, 2016	M	31,394	D	—	—	Common Stock	31,394	104,662	D

F1Amount reported includes shares subject to unvested Restricted Stock Units.
F2On 2/18/14, the Reporting Person received a target grant of 31,394 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 2/18/16. 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 2/18/14 to 2/17/16. The performance payout was approved at 142.06% of target. The award vested on 2/18/16 and the shares were distributed on 2/22/16.
F3These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/18/16. 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 (2/18/14 to 2/17/16).