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LAM RESEARCH CORP — Director's Dealing 2020
Mar 3, 2020
29803_dirs_2020-03-03_a45333d6-40b6-4173-a92c-bbc25adb1e34.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: 2020-03-02
Reporting Person: Hahn Ava (Chief Legal Officer & SVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-02 | Common Stock | A | 3515 | — | Acquired | 3515 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-02 | Market-based Performance Restricted Stock Unit | $0.0 | A | 4393 | Acquired | Common Stock (4393.0) | Direct | |
| 2020-03-02 | Employee Stock Option (Right to Buy) | $300.33 | A | 3512 | Acquired | 2027-03-02 | Common Stock (3512.0) | Direct |
Footnotes
F1: The Restricted Stock Units will vest in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.
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 03/02/2023. 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 02/03/2020 through 02/02/2023.
F4: The stock option becomes exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.