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LAM RESEARCH CORP — Director's Dealing 2023
Aug 2, 2023
29803_dirs_2023-08-02_dadd8197-25f7-423f-b63d-2c33efc5a81f.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: 2023-08-01
Reporting Person: Vahedi Vahid (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-01 | Common Stock | M | 3576 | $190.07 | Acquired | 30059 | Direct |
| 2023-08-01 | Common Stock | S | 3576 | $717.528 | Disposed | 26483 | Direct |
| 2023-08-01 | Common Stock | M | 7432 | $176.75 | Acquired | 33915 | Direct |
| 2023-08-01 | Common Stock | S | 7432 | $717.52 | Disposed | 26483 | Direct |
| 2023-08-01 | Common Stock | M | 2748 | $300.33 | Acquired | 29231 | Direct |
| 2023-08-01 | Common Stock | S | 2748 | $717.23 | Disposed | 26483 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-01 | Employee Stock Option (Right to Buy) | $190.07 | M | 3576 | Disposed | 2025-03-01 | Common Stock (3576) | Direct |
| 2023-08-01 | Employee Stock Option (Right to Buy) | $176.75 | M | 7432 | Disposed | 2026-03-01 | Common Stock (7432) | Direct |
| 2023-08-01 | Employee Stock Option (Right to Buy) | $300.33 | M | 2748 | Disposed | 2027-03-02 | Common Stock (2748) | Direct |
Footnotes
F1: The amount reported includes shares subject to unvested restricted stock units.
F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $717.26 to $718.10, inclusive.
F3: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $716.91 to $717.32, inclusive.
F4: The stock option becomes exercisable in three equal installments on 03/01/2019, 03/01/2020, and 03/01/2021.
F5: The stock options will become exercisable in three equal installments on 03/01/2020, 03/01/2021, and 03/01/2022.
F6: The stock option becomes exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.