LAM RESEARCH CORP — Director's Dealing 2022

Mar 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2022-03-01

Reporting Person: Varadarajan Seshasayee (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-01	Common Stock	A	1393	—	Acquired	26550	Direct
2022-03-01	Common Stock	F	3249	$540.57	Disposed	23301	Direct
2022-03-01	Common Stock	F	258	$540.57	Disposed	23043	Direct
2022-03-01	Common Stock	F	441	$540.57	Disposed	22602	Direct
2022-03-02	Common Stock	F	434	$554.02	Disposed	22168	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-01	Market-based Performance Restricted Stock Unit	$0.0	A	2554	Acquired		Common Stock (2554.0)	Direct
2022-03-01	Employee Stock Option (Right to Buy)	$540.57	A	2088	Acquired	2029-03-01	Common Stock (2088.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	234.065	Indirect

Footnotes

F1: The restricted stock units will vest in three equal installments on 03/01/2023, 03/01/2024, and 03/01/2025

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

F3: Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations.

F4: The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2025. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Total Return Index Total Shareholder Return during the performance period of 02/01/2022 through 01/31/2025.

F5: The stock options will become exercisable in three equal installments on 03/01/2023, 03/01/2024, and 03/01/2025.