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: LORD PATRICK J (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-28	Common Stock	F	4017	$293.43	Disposed	12132	Direct
2020-02-28	Common Stock	F	526	$293.43	Disposed	11606	Direct
2020-02-28	Common Stock	F	770	$293.43	Disposed	10836	Direct
2020-02-28	Common Stock	F	660	$293.43	Disposed	10176	Direct
2020-03-02	Common Stock	A	3195	—	Acquired	13371	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

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: 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 Total Return Index during the performance period of 02/03/2020 through 02/02/2023.

F5: The stock option becomes exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.