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LAM RESEARCH CORP — Director's Dealing 2024
Feb 8, 2024
29803_dirs_2024-02-08_b92ae504-9e74-40e5-b451-ae90981b1224.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2024-02-06
Reporting Person: LORD PATRICK J (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-06 | Common Stock | M | 2724 | — | Acquired | 8925 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-06 | Market-based Performance Restricted Stock Unit | $0 | M | 2272 | Disposed | Common Stock (2272) | Direct |
Footnotes
F1: On 03/01/2021, the Reporting Person received a target grant of 2,272 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2024. 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 02/01/2021 to 1/31/2024.
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 03/01/2024. 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 02/01/2021 through 01/31/2024.