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: Gottscho Richard A (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-01	Common Stock	F	2452	$119.67	Disposed	81416	Direct
2017-03-01	Common Stock	A	11225	—	Acquired	92641	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	14031	Acquired		Common Stock (14031.0)	Direct
2017-03-01	Employee Stock Option (Right to Buy)	$119.67	A	11224	Acquired	2024-03-01	Common Stock (11224.0)	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.