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: Varadarajan Seshasayee (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-01	Common Stock	A	1592	—	Acquired	29533	Direct
2024-03-01	Common Stock	F	1134	$981.53	Disposed	28399	Direct
2024-03-01	Common Stock	F	264	$981.53	Disposed	28135	Direct
2024-03-01	Common Stock	F	224	$981.53	Disposed	27911	Direct
2024-03-01	Common Stock	F	316	$981.53	Disposed	27595	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	2919	Acquired		Common Stock (2919)	Direct
2024-03-01	Employee Stock Option (Right to Buy)	$981.53	A	2388	Acquired	2031-03-01	Common Stock (2388)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	236.707	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.