LAM RESEARCH CORP — Director's Dealing 2017

Mar 20, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2017-03-16

Reporting Person: Gottscho Richard A (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-16	Common Stock	S	20000	$124.50	Disposed	72641	Direct
2017-03-16	Common Stock	S	26262	$124.50	Disposed	46379	Direct
2017-03-16	Common Stock	M	7242	$51.76	Acquired	53621	Direct
2017-03-16	Common Stock	S	7242	$124.50	Disposed	46379	Direct
2017-03-16	Common Stock	M	4829	$51.76	Acquired	51208	Direct
2017-03-16	Common Stock	S	4829	$124.50	Disposed	46379	Direct
2017-03-16	Common Stock	M	4829	$51.76	Acquired	51208	Direct
2017-03-16	Common Stock	S	4829	$124.50	Disposed	46379	Direct
2017-03-16	Common Stock	M	3722	$80.60	Acquired	50101	Direct
2017-03-16	Common Stock	S	3722	$124.50	Disposed	46379	Direct
2017-03-16	Common Stock	M	3722	$80.60	Acquired	50101	Direct
2017-03-16	Common Stock	S	3722	$124.50	Disposed	46379	Direct
2017-03-16	Common Stock	M	9403	$75.57	Acquired	55782	Direct
2017-03-16	Common Stock	S	9403	$124.50	Disposed	46379	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-16	Employee Stock Option (Right to Buy)	$51.76	M	7242	Disposed	2021-02-18	Common Stock (7242.0)	Direct
2017-03-16	Employee Stock Option (Right to Buy)	$51.76	M	4829	Disposed	2021-02-18	Common Stock (4829.0)	Direct
2017-03-16	Employee Stock Option (Right to Buy)	$51.76	M	4829	Disposed	2021-02-18	Common Stock (4829.0)	Direct
2017-03-16	Employee Stock Option (Right to Buy)	$80.6	M	3722	Disposed	2022-02-11	Common Stock (3722.0)	Direct
2017-03-16	Employee Stock Option (Right to Buy)	$80.6	M	3722	Disposed	2022-02-11	Common Stock (3722.0)	Direct
2017-03-16	Employee Stock Option (Right to Buy)	$75.57	M	9403	Disposed	2023-03-01	Common Stock (9403.0)	Direct

Footnotes

F1: Shares sold pursuant to 10b5-1 Trading Plan.

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

F3: Shares exercised pursuant to 10b5-1 Trading Plan

F4: 100% of the stock options will vest on 2/18/16.

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

F6: 33.3% of the stock options will vest on 2/11/16, 2/11/17, and 2/11/18.

F7: 33.3% of the stock options will vest on 3/1/17, 3/1/18, and 3/1/19.