LAM RESEARCH CORP — Director's Dealing 2024

Feb 8, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
Period of Report: 2024-02-06

Reporting Person: Varadarajan Seshasayee (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-06	Common Stock	M	2452	—	Acquired	27941	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	2045	Disposed		Common Stock (2045)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	236.707	Indirect

Footnotes

F1: On 03/01/2021, the Reporting Person received a target grant of 2,045 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.