LAM RESEARCH CORP — Director's Dealing 2017

Feb 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2017-01-31

Reporting Person: ARCHER TIMOTHY (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-31	Common Stock	S	5777	$115.96	Disposed	76284	Direct
2017-01-31	Common Stock	M	22803	$42.61	Acquired	99087	Direct
2017-01-31	Common Stock	S	21860	$115	Disposed	77227	Direct
2017-01-31	Common Stock	S	943	$115.89	Disposed	76284	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-31	Employee Stock Option (Right to Buy)	$42.61	M	22803	Disposed	2020-02-08	Common Stock (22803.0)	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: Shares exercised 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 $114.52 to $115.51, 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 $115.53 to $116.04, inclusive.

F6: 100% of the stock options vested on 02/08/2015.