LAM RESEARCH CORP — Director's Dealing 2020

Mar 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2020-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-28	Common Stock	F	10182	$293.43	Disposed	61115	Direct
2020-02-28	Common Stock	F	657	$293.43	Disposed	60458	Direct
2020-02-28	Common Stock	F	1855	$293.43	Disposed	58603	Direct
2020-02-28	Common Stock	F	869	$293.43	Disposed	57734	Direct
2020-03-02	Common Stock	A	3195	—	Acquired	60929	Direct
2020-03-02	Common Stock	S	14306	$296.64	Disposed	46623	Direct
2020-03-02	Common Stock	M	3742	$119.67	Acquired	50365	Direct
2020-03-02	Common Stock	S	3742	$296.64	Disposed	46623	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	3994	Acquired		Common Stock (3994.0)	Direct
2020-03-02	Employee Stock Option (Right to Buy)	$300.33	A	3192	Acquired	2027-03-02	Common Stock (3192.0)	Direct
2020-03-02	Employee Stock Option (Right to Buy)	$119.67	M	3742	Disposed	2024-03-01	Common Stock (3742.0)	Direct

Footnotes

F1: Represents the number of shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations.

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

F3: The Restricted Stock Units will vest in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.

F4: Shares sold pursuant to 10b5-1 Trading Plan.

F5: Shares exercised pursuant to 10b5-1 Trading Plan

F6: 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.

F7: The stock option becomes exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.

F8: 33.3% of the stock options will vest on 03/01/2018, 03/01/2019, and 03/01/2020.