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: 2017-02-28

Reporting Person: ARCHER TIMOTHY (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-28	Common Stock	S	5000	$119.03	Disposed	85018	Direct
2017-03-01	Common Stock	F	3019	$119.67	Disposed	81999	Direct
2017-03-01	Common Stock	A	15542	—	Acquired	97541	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	19428	Acquired		Common Stock (19428.0)	Direct
2017-03-01	Employee Stock Option (Right to Buy)	$119.67	A	15540	Acquired	2024-03-01	Common Stock (15540.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4385	Indirect
Common Stock	518	Indirect

Footnotes

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

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

F3: 33.3% of the RSUs will vest on 3/1/18, 3/1/19, and 3/1/20.

F4: 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.

F5: 33.3% of the stock options will vest on 3/1/18, 3/1/19, and 3/1/20.