LAM RESEARCH CORP — Director's Dealing 2017

Mar 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2017-03-01

Reporting Person: Anstice Martin B (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-01	Common Stock	F	5661	$119.67	Disposed	143362	Direct
2017-03-01	Common Stock	A	27631	—	Acquired	170993	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-01	Market-based Performance Restricted Stock Unit	$0.0	A	34539	Acquired		Common Stock (34539.0)	Direct
2017-03-01	Employee Stock Option (Right to Buy)	$119.67	A	27628	Acquired	2024-03-01	Common Stock (27628.0)	Direct

Footnotes

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

F2: 33.3% of the RSUs will vest on 3/1/18, 3/1/19, and 3/1/20.

F3: These Market-based Performance Restricted Stock Units vest between 0% and 150% on 3/01/20. The performance of this award 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 2/01/17 to 1/31/20.

F4: 33.3% of the stock options will vest on 3/1/18, 3/1/19, and 3/1/20.