Form 4 for LRCX Lam Research
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0000707549-24-000038 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-05 | 2024-03-01 | LRCX | Varadarajan Seshasayee | SVP | F - Tax | $981.53 | -1,938 | 27.9K | -6% | -$1.90M |
| D | 2024-03-05 | 2024-03-01 | LRCX | Varadarajan Seshasayee | SVP | A - Grant | $0.00 | +1,592 | 29.5K | +6% | $0 |
| DM | 2024-03-05 | 2024-03-01 | LRCX | Varadarajan Seshasayee | SVP | A - Grant | $0.00 | +5,307 | 2,388 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-01 | F | D | 316 | $981.53 | 27,595 | D | — | — | (F3) Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations. (F2) The amount reported includes shares subject to unvested restricted stock units. |
| 2 | Common | Common Stock | 2024-03-01 | F | D | 264 | $981.53 | 28,135 | D | — | — | (F3) Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations. (F2) The amount reported includes shares subject to unvested restricted stock units. |
| 3 | Common | Common Stock | 2024-03-01 | F | D | 1,134 | $981.53 | 28,399 | D | — | — | (F3) Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations. (F2) The amount reported includes shares subject to unvested restricted stock units. |
| 4 | Common | Common Stock | 2024-03-01 | A | A | 1,592 | $0.00 | 29,533 | D | — | — | (F1) The restricted stock units will vest in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027. (F2) The amount reported includes shares subject to unvested restricted stock units. |
| 5 | Common | Common Stock | 2024-03-01 | F | D | 224 | $981.53 | 27,911 | D | — | — | (F3) Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations. (F2) The amount reported includes shares subject to unvested restricted stock units. |
| 6 | Derivative | Market-based Performance Restricted Stock Unit | 2024-03-01 | A | A | 2,919 | $0.00 | 2,919 | D | $0.00 · — to — | 2,919 Common Stock | (F4) The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2027. 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 02/01/2024 through 01/31/2027. |
| 7 | Derivative | Employee Stock Option (Right to Buy) | 2024-03-01 | A | A | 2,388 | $0.00 | 2,388 | D | $981.53 · — to 2031-03-01 | 2,388 Common Stock | (F5) The stock options will become exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027. |