Timothy Archer - Aug 27, 2021 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Role
President and CEO
Signature
Leign Cramer by Power of Attorney
Stock symbol
LRCX
Transactions as of
Aug 27, 2021
Transactions value $
-$2,678,400
Form type
4
Date filed
8/30/2021, 03:56 PM
Previous filing
Aug 9, 2021
Next filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRCX Common Stock Options Exercise $651K +4.46K +5.56% $145.73* 84.7K Aug 27, 2021 Direct F1, F2
transaction LRCX Common Stock Sale -$2.68M -4.46K -5.27% $600.00 80.3K Aug 27, 2021 Direct F1, F2
holding LRCX Common Stock 4.73K Aug 27, 2021 By 401(k)
holding LRCX Common Stock 558 Aug 27, 2021 By Spouse 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LRCX Employee Stock Option (Right to Buy) Options Exercise -$651K -4.46K -15.79% $145.73* 23.8K Aug 27, 2021 Common Stock 4.46K $145.73 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6,2021.
F2 The amount reported includes shares subject to unvested restricted stock units.
F3 The stock options will become exercisable over four years, a quarter on the one-year anniversary of the grant date and the remainder on a pro-rated basis on the 6th day of every month thereafter for the next 36 months.