LAM RESEARCH CORP — Director's Dealing 2023

Feb 10, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2023-02-08

Reporting Person: ARCHER TIMOTHY (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-08	Common Stock	M	17480	—	Acquired	101684	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-08	Market-based Performance Restricted Stock Unit	$0.0	M	15178	Disposed		Common Stock (15178.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4802.684	Indirect
Common Stock	567.098	Indirect

Footnotes

F1: On 03/02/2020, the Reporting Person received a target grant of 15,178 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/02/2023. The vesting of this award is based on the total return stock price performance of Lam Research shares (assuming reinvestment of dividends) relative to the market price performance of the PHLX Semiconductor Sector Total Return Index, comparing the 50-trading day trailing average closing price over the performance period from February 3, 2020, to February 2, 2023.

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

F3: The Market-Based Performance Restricted Stock Units will vest between 0% and 150% on 03/02/2023. The vesting of this award is based on the total return stock price performance of Lam Research shares (assuming reinvestment of dividends) relative to the market price performance of the PHLX Semiconductor Sector Total Return Index, comparing the 50-trading day trailing average closing price over the performance period from February 3, 2020, to February 2, 2023.