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LAM RESEARCH CORP — Director's Dealing 2015
Feb 13, 2015
29803_dirs_2015-02-13_c4f9c923-8ea6-4e6e-9dd3-3c48a692d256.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2015-02-11
Reporting Person: Bettinger Douglas R (EVP, Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-11 | Common Stock | M | 1089 | $42.41 | Acquired | 34807 | Direct |
| 2015-02-11 | Common Stock | A | 12406 | — | Acquired | 47213 | Direct |
| 2015-02-12 | Common Stock | S | 544 | $80.75 | Disposed | 46669 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-11 | Employee Stock Option (Right to Buy) | $42.41 | M | 1089 | Disposed | 2020-03-11 | Common Stock (1089) | Direct |
| 2015-02-11 | Employee Stock Option (Right to Buy) | $80.6 | A | 9303 | Acquired | 2022-02-11 | Common Stock (9303) | Direct |
| 2015-02-11 | Market-based Performance Restricted Stock Unit | $0 | A | 15508 | Acquired | Common Stock (15508) | Direct |
Footnotes
F1: Amount reported includes shares subject to unvested Restricted Stock Units.
F2: 33.3% of the RSUs will vest on 2/11/16, 2/11/17, and 2/11/18.
F3: Shares sold pursuant to 10b5-1 Trading Plan.
F4: 33.3% of the stock options will vest on 2/11/16, 2/11/17, and 2/11/18.
F5: These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/11/18. 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 2/2/15 to 2/2/18.