LAM RESEARCH CORP — Director's Dealing 2010

Dec 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2010-12-14

Reporting Person: Bondur Thomas J (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-14	Common Stock	C	5000	$29.47	Acquired	0	Direct
2010-12-14	Common Stock	S	2500	$52.38	Disposed	0	Direct
2010-12-14	Common Stock	S	2500	$52.75	Disposed	34505	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-14	Stock Option (right to buy)	$29.47	M	5000	Disposed	2011-08-06	Common Stock (5000)	Direct

Footnotes

F1: Stock option was 100% vested on 06/24/05.

F2: Shares sold pursuant to 10b5-1 Trading Plan.