Douglas R. Bettinger - 25 Oct 2021 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Role: Chief Financial Officer & EVP
Signature: Leign Cramer by Power of Attorney
Issuer symbol: LRCX
Transactions as of: 25 Oct 2021
Net transactions value: -$1,440,193
Form type: 4
Filing time: 27 Oct 2021, 14:45:43 UTC
Previous filing: 01 Oct 2021
Next filing: 01 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LRCX	Common Stock	Options Exercise	$749,822	+9,303	+12%	$80.60^*	84,722	25 Oct 2021	Direct	F1
transaction	LRCX	Common Stock	Sale	$2,939,837	-5,295	-6.2%	$555.21	79,427	25 Oct 2021	Direct	F1

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	$749,822	+9,303		$80.60^*	0	25 Oct 2021	Common Stock	9,303	$80.60	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The amount reported includes shares subject to unvested restricted stock units.
F2	The stock options became exercisable in three equal installments on 03/01/2016, 03/01/2017, and 03/01/2018.