Timothy Archer - Nov 11, 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
Nov 11, 2021
Transactions value $
-$2,739,066
Form type
4
Date filed
11/12/2021, 02:12 PM
Previous filing
Nov 9, 2021
Next filing
Nov 22, 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 +5.6% $145.73* 84.2K Nov 11, 2021 Direct F1
transaction LRCX Common Stock Sale -$2.74M -4.46K -5.3% $613.59 79.7K Nov 11, 2021 Direct F1, F2
holding LRCX Common Stock 4.74K Nov 11, 2021 By 401(k)
holding LRCX Common Stock 560 Nov 11, 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 -18.75% $145.73* 19.3K Nov 11, 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 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.