LAM RESEARCH CORP — Director's Dealing 2015

Feb 20, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2015-02-18

Reporting Person: Anstice Martin B (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-18	Common Stock	F	8736	$81.92	Disposed	160968	Direct
2015-02-18	Common Stock	M	88005	$42.61	Acquired	248973	Direct
2015-02-18	Common Stock	S	88005	$81.795	Disposed	160968	Direct
2015-02-18	Common Stock	M	12557	$51.76	Acquired	173525	Direct
2015-02-18	Common Stock	S	12557	$82.149	Disposed	160968	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-18	Employee Stock Option (Right to Buy)	$42.61	M	88005	Disposed	2020-02-08	Common Stock (88005)	Direct
2015-02-18	Employee Stock Option (Right to Buy)	$51.76	M	12557	Disposed	2021-02-18	Common Stock (12557)	Direct

Footnotes

F1: Amount reported includes shares subject to unvested Restricted Stock Units

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

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.43 - $82.08, inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.08 - $82.35, inclusive.

F5: 33.3% of the stock options will vest on 2/18/15, 2/18/16 and 2/18,17.