LAM RESEARCH CORP — Director's Dealing 2011

Mar 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2011-03-01

Reporting Person: Gottscho Richard A (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-01	Common Stock	M	38965	$20.21	Acquired	0	Direct
2011-03-01	Common Stock	S	38965	$55.265	Disposed	0	Direct
2011-03-01	Common Stock	S	9870	$55.242	Disposed	60276	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-01	Stock Option (right to buy)	$20.21	M	38965	Disposed	2014-02-26	Common Stock (38965)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.01 - $55.60, inclusive.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.17 - $55.49, inclusive.

F3: Shares sold pursuant to 10b5-1 Trading Plan.