LAM RESEARCH CORP — Director's Dealing 2023

Mar 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2023-03-01

Reporting Person: ARCHER TIMOTHY (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-01	Common Stock	A	6034	—	Acquired	107718	Direct
2023-03-01	Common Stock	F	1321	$490.92	Disposed	106397	Direct
2023-03-01	Common Stock	F	836	$490.92	Disposed	105561	Direct
2023-03-02	Common Stock	F	8666	$489.98	Disposed	96895	Direct
2023-03-02	Common Stock	F	2006	$489.98	Disposed	94889	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-01	Market-based Performance Restricted Stock Unit	$0.0	A	18102	Acquired		Common Stock (18102.0)	Direct
2023-03-01	Employee Stock Option (Right to Buy)	$490.92	A	18102	Acquired	2030-03-01	Common Stock (18102.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4802.684	Indirect
Common Stock	567.098	Indirect

Footnotes

F1: The restricted stock units will vest in three equal installments on 03/01/2024, 03/01/2025, and 03/01/2026.

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 03/01/2026. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the PHLX Semiconductor Total Return Index Total Shareholder Return during the performance period of 02/01/2023 through 01/31/2026.

F5: The stock options will become exercisable in three equal installments on 03/01/2024, 03/01/2025, and 03/01/2026.