Form 4 for LRCX Lam Research

Accepted 2022-02-09 00:00:00 ET · period of report 2022-02-07 · accession 0000707549-22-000028 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-02-09	2022-02-07	LRCX	Bettinger Douglas R	CFO, EVP	M - OptEx	$0.00	+11.9K	89.3K	+15%	$0
D	2022-02-09	2022-02-07	LRCX	Bettinger Douglas R	CFO, EVP	M - OptEx	$0.00	-7,966	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-02-07	M	A	11,949	$0.00	89,275	D	—	—	(F1) On 03/01/2019, the Reporting Person received a target grant of 7,966 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2022. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Sector Index Total Shareholder Return during the performance period of 02/01/2019 through 01/31/2022. The performance payout was approved at 150% of target. (F2) The amount reported includes shares subject to unvested restricted stock units.
2	Derivative	Market-based Performance Restricted Stock Unit	2022-02-07	M	D	7,966	$0.00	0	D	$0.00 · — to —	7,966 Common Stock	(F3) The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2022. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Sector Index Total Shareholder Return during the performance period of 02/01/2019 through 01/31/2022.