LAM RESEARCH CORP — Director's Dealing 2020

Feb 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2020-02-19

Reporting Person: LORD PATRICK J (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-19	Common Stock	M	8742	—	Acquired	16149	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-19	Market-based Performance Restricted Stock Unit	$0.0	M	5828	Acquired		Common Stock (5828.0)	Direct

Footnotes

F1: On 03/01/2017, the Reporting Person received a target grant of 5,828 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2020. 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 02/01/2017 to 01/31/2020. The performance payout was approved at 150% 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 03/01/2020. The performance of these awards 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 02/01/2017 to 01/31/2020.