LAM RESEARCH CORP — Director's Dealing 2017

Jan 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2017-01-17

Reporting Person: ARCHER TIMOTHY (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-17	Common Stock	M	20500	$29.34	Acquired	102561	Direct
2017-01-17	Common Stock	S	19100	$109.29	Disposed	83461	Direct
2017-01-17	Common Stock	S	1400	$110.31	Disposed	82061	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-17	Employee Stock Option (Right to Buy)	$29.34	M	20500	Disposed	2020-12-16	Common Stock (20500.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4367	Indirect
Common Stock	516	Indirect

Footnotes

F1: Shares exercised pursuant to 10b5-1 Trading Plan

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

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 $109.00 to $109.94, 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 $110.12 to $110.40, inclusive.

F6: The option vested 25% annually from 12/16/2011 to 12/16/2014.