LAM RESEARCH CORP — Director's Dealing 2016

Mar 3, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2016-03-01

Reporting Person: Anstice Martin B (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-01	Common Stock	A	32552	—	Acquired	165867	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-01	Employee Stock Option (Right to Buy)	$75.57	A	65103	Acquired	2023-03-01	Common Stock (65103.0)	Direct
2016-03-01	Market-based Performance Restricted Stock Unit	$0.0	A	54253	Acquired		Common Stock (54253.0)	Direct

Footnotes

F1: 33.3% of the RSUs will vest on 3/1/17, 3/1/18, and 3/1/19.

F2: Amount reported includes shares subject to unvested Restricted Stock Units.

F3: 33.3% of the stock options will vest on 3/1/17, 3/1/18, and 3/1/19.

F4: These Market-based Performance Restricted Stock Units vest between 0% and 150% on 3/1/19. 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 (2/1/16 to 2/1/19).