RAMBUS INC — Director's Dealing 2011

Nov 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAMBUS INC (RMBS)
CIK: 0000917273
Period of Report: 2011-11-14

Reporting Person: LAVELLE THOMAS R (SVP & GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-14	RMBS Common Stock	M	6664	$8.55	Acquired	50852	Direct
2011-11-14	RMBS Common Stock	S	6664	$17.6712	Disposed	44188	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-14	Employee Stock Option (right to buy)	$8.55	M	6664	Disposed	2019-02-02	Common Stock (6664)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
RMBS Common Stock	4674	Indirect

Footnotes

F1: The sale price reported in Column 4 of Table 1 represents the average sale price of the shares sold ranging from $17.67 to $17.6835 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting person will provide full information regarding the number of shares sold at each separate price.

F2: Shares are held in an individual account of the Reporting Person's spouse.

F3: Ten percent of the shares subject to the option vested on August 2, 2009 and one fifty-fourth of the shares continue to vest monthly thereafter.