LAM RESEARCH CORP — Director's Dealing 2015

Feb 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2015-02-19

Reporting Person: Bettinger Douglas R (EVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-19	Common Stock	S	1540	$81.67	Disposed	37697	Direct
2015-02-19	Common Stock	M	3974	$51.76	Acquired	41671	Direct
2015-02-19	Common Stock	S	3974	$81.67	Disposed	37697	Direct
2015-02-19	Common Stock	M	855	$51.76	Acquired	38552	Direct
2015-02-19	Common Stock	M	8205	$42.41	Acquired	46757	Direct
2015-02-20	Common Stock	S	427	$82.92	Disposed	46330	Direct
2015-02-20	Common Stock	S	4102	$82.92	Disposed	42228	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-19	Employee Stock Option (Right to Buy)	$51.76	M	3974	Disposed	2021-02-18	Common Stock (3974)	Direct
2015-02-19	Employee Stock Option (Right to Buy)	$51.76	M	855	Disposed	2021-02-18	Common Stock (855)	Direct
2015-02-19	Employee Stock Option (Right to Buy)	$42.41	M	8205	Disposed	2020-03-11	Common Stock (8205)	Direct

Footnotes

F1: Amount report includes shares subject to unvested Restricted Stock Units.

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

F3: 33.3% of the stock options will vest on 2/18/15, 2/18/16 and 2/18/17.