Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

LAM RESEARCH CORP Director's Dealing 2024

Mar 5, 2024

29803_dirs_2024-03-05_dc2d9a0f-f36f-4da1-af7e-675d01069953.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Vahedi Vahid (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-01 Common Stock A 1164 Acquired 30099 Direct
2024-03-01 Common Stock F 1162 $981.53 Disposed 28937 Direct
2024-03-01 Common Stock F 270 $981.53 Disposed 28667 Direct
2024-03-01 Common Stock F 230 $981.53 Disposed 28437 Direct
2024-03-01 Common Stock F 298 $981.53 Disposed 28139 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 2134 Acquired Common Stock (2134) Direct
2024-03-01 Employee Stock Option (Right to Buy) $981.53 A 1746 Acquired 2031-03-01 Common Stock (1746) Direct

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.