LAM RESEARCH CORP — Director's Dealing 2019

Feb 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2019-02-11

Reporting Person: Gottscho Richard A (Executive Vice President & CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-11	Common Stock	M	26078	—	Acquired	86424	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-11	Market-based Performance Restricted Stock Unit	$0.0	M	23509	Acquired		Common Stock (23509.0)	Direct

Footnotes

F1: On 03/01/2016, the Reporting Person received a target grant of 23,509 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2019. 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 02/01/2016 to 01/31/2019. The performance payout was approved at 110.93% 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 03/01/2019. 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 02/01/2016 to 01/31/2019.