LAM RESEARCH CORP — Director's Dealing 2024

Mar 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2024-03-01

Reporting Person: ARCHER TIMOTHY (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-01	Common Stock	A	4908	—	Acquired	103347	Direct
2024-03-01	Common Stock	F	5944	$981.53	Disposed	97403	Direct
2024-03-01	Common Stock	F	1321	$981.53	Disposed	96082	Direct
2024-03-01	Common Stock	F	837	$981.53	Disposed	95245	Direct
2024-03-01	Common Stock	F	997	$981.53	Disposed	94248	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-01	Market-based Performance Restricted Stock Unit	$0	A	14726	Acquired		Common Stock (14726)	Direct
2024-03-01	Employee Stock Option (Right to Buy)	$981.53	A	14724	Acquired	2031-03-01	Common Stock (14724)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4802.638	Indirect
Common Stock	567.055	Indirect

Footnotes

F1: The restricted stock units will vest in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.

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 03/01/2027. 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 02/01/2024 through 01/31/2027

F5: The stock options will become exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.