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LAM RESEARCH CORP — Director's Dealing 2018
Feb 13, 2018
29803_dirs_2018-02-13_de5d0d56-a999-4c1f-a458-efbff64b9603.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: Anstice Martin B (Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-09 | Common Stock | M | 62809 | $165.87 | Acquired | 167104 | Direct |
| 2018-02-09 | Common Stock | F | 30237 | $165.87 | Disposed | 136867 | Direct |
| 2018-02-09 | Common Stock | F | 5536 | $165.87 | Disposed | 131331 | 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 | 41873 | Acquired | Common Stock (41873.0) | Direct |
Footnotes
F1: On 2/11/15, the Reporting Person received a target grant of 41,873 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 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 2/2/15 to 2/1/18.