LAM RESEARCH CORP — Director's Dealing 2020

Dec 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2020-12-29

Reporting Person: ARCHER TIMOTHY (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-29	Common Stock	M	4464	$145.73	Acquired	83823	Direct
2020-12-29	Common Stock	S	4464	$475.66	Disposed	79359	Direct
2020-12-29	Common Stock	M	11329	$176.75	Acquired	90688	Direct
2020-12-29	Common Stock	S	11329	$475.66	Disposed	79359	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-29	Employee Stock Option (Right to Buy)	$145.73	M	4464	Disposed	2025-12-06	Common Stock (4464.0)	Direct
2020-12-29	Employee Stock Option (Right to Buy)	$176.75	M	11329	Disposed	2026-03-01	Common Stock (11329.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4694.624	Indirect
Common Stock	554.437	Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 19, 2020.

F2: The amount reported includes shares subject to unvested restricted stock units.

F3: The stock options will become exercisable over four years, a quarter on the one-year anniversary of the grant date and the remainder on a pro-rated basis on the 6th day of every month thereafter for the next 36 months.

F4: The stock options will become exercisable in three equal installments on 03/01/2020, 03/01/2021, and 03/01/2022.