Timothy Archer - 11 Nov 2021 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Role: President and CEO
Signature: Leign Cramer by Power of Attorney
Issuer symbol: LRCX
Transactions as of: 11 Nov 2021
Net transactions value: -$2,739,066
Form type: 4
Filing time: 12 Nov 2021, 14:12:55 UTC
Previous filing: 09 Nov 2021
Next filing: 22 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	$650,539	+4,464	+5.6%	$145.73^*	84,188	11 Nov 2021	Direct	F1
transaction	LRCX	Common Stock	Sale	$2,739,066	-4,464	-5.3%	$613.59	79,724	11 Nov 2021	Direct	F1, F2
holding	LRCX	Common Stock						4,739	11 Nov 2021	By 401(k)
holding	LRCX	Common Stock						560	11 Nov 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	$650,539	-4,464	-19%	$145.73^*	19,347	11 Nov 2021	Common Stock	4,464	$145.73	Direct	F3

* 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	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6,2021.
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.