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LAM RESEARCH CORP — Director's Dealing 2017
Feb 22, 2017
29803_dirs_2017-02-22_c083d2fb-079b-4f5c-9de0-d67c3ffe3a85.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2017-02-17
Reporting Person: Gottscho Richard A (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-17 | Common Stock | F | 2821 | $114.90 | Disposed | 66546 | Direct |
| 2017-02-17 | Common Stock | M | 36223 | $114.90 | Acquired | 102769 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-17 | Market-based Performance Restricted Stock Unit | $0.0 | M | 24149 | Disposed | Common Stock (24149.0) | Direct |
Footnotes
F1: Amount reported includes shares subject to unvested Restricted Stock Units.
F2: On 2/18/14, the Reporting Person received a target grant of 24,149 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 2/18/17. The performance of this award was based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Sector Index Total Shareholder Return during the performance period of 2/18/14 to 2/17/17. The performance payout was approved at 150% of target.
F3: These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/18/17. 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 2/18/14 to 2/17/17.