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LAM RESEARCH CORP — Director's Dealing 2025
Mar 4, 2025
29803_dirs_2025-03-04_9dfd5436-1b86-43f5-9292-416267634469.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: 2025-02-28
Reporting Person: Fernandes Neil J (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | Common Stock | A | 19913 | — | Acquired | 77090 | Direct |
| 2025-02-28 | Common Stock | F | 1725 | $76.74 | Disposed | 75365 | Direct |
| 2025-02-28 | Common Stock | F | 1398 | $76.74 | Disposed | 73967 | Direct |
| 2025-02-28 | Common Stock | F | 1294 | $76.74 | Disposed | 72673 | Direct |
| 2025-02-28 | Common Stock | F | 1809 | $76.74 | Disposed | 70864 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-28 | Market-based Performance Restricted Stock Unit | $0 | A | 24339 | Acquired | Common Stock (24339) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1015.419 | Indirect |
Footnotes
F1: The restricted stock units will vest in three equal installments on 02/28/2026, 02/28/2027, and 02/28/2028
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 2/28/2028. The performance of this of this award is based on the percentile ranking of Lam Research's Total Shareholder Return relative to the Total Shareholder Return of the companies in the PHLX Semiconductor Total Return Index during the performance period of 02/03/2025 through 02/02/2028.