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LAM RESEARCH CORP Director's Dealing 2018

Feb 13, 2018

29803_dirs_2018-02-13_cc208f5c-d4fc-4e9d-89ef-bef15ca3b4f0.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: 2018-02-09

Reporting Person: Varadarajan Seshasayee (Group Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-02-09 Common Stock M 9304 $165.87 Acquired 66704 Direct
2018-02-09 Common Stock F 3616 $165.87 Disposed 63088 Direct
2018-02-09 Common Stock F 999 $165.87 Disposed 62089 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-02-09 Market-based Performance Restricted Stock Unit $0.0 M 6203 Acquired Common Stock (6203.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 218.736 Indirect

Footnotes

F1: On 2/11/15, the Reporting Person received a target grant of 6,203 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 2/11/18. 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 2/2/15 to 2/1/18. The performance payout was approved at 150% of target.

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

F3: These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/11/18. 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 2/2/15 to 2/1/18.