AI assistant
LAM RESEARCH CORP — Director's Dealing 2017
Feb 22, 2017
29803_dirs_2017-02-22_48646dd6-423d-4dd2-8dd0-d9973a761ed5.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2017-02-17
Reporting Person: Anstice Martin B (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-17 | Common Stock | F | 8737 | $114.90 | Disposed | 119984 | Direct |
| 2017-02-17 | Common Stock | M | 94183 | $114.90 | Acquired | 214167 | Direct |
| 2017-02-21 | Common Stock | S | 500 | $115.58 | Disposed | 213667 | Direct |
| 2017-02-21 | Common Stock | S | 3928 | $116.70 | Disposed | 209739 | Direct |
| 2017-02-21 | Common Stock | S | 11572 | $117.48 | Disposed | 198167 | 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 | 62789 | Disposed | Common Stock (62789.0) | 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 62,789 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: Shares sold pursuant to 10b5-1 Trading Plan.
F4: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $114.98 to $115.88, inclusive.
F5: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $115.98 to $116.97, inclusive.
F6: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $116.98 to $117.94, inclusive.
F7: These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/18/17. The performance of these awards 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.