TIMOTHY ARCHER - 29 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
29 Nov 2021
Net transactions value
-$7,647,075
Form type
4
Filing time
30 Nov 2021, 15:21:22 UTC
Previous filing
22 Nov 2021
Next filing
02 Dec 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 $2,002,401 +11,329 +15% $176.75 86,362 29 Nov 2021 Direct F1
transaction LRCX Common Stock Sale $7,647,075 -11,329 -13% $675.00 75,033 29 Nov 2021 Direct F1, F2
holding LRCX Common Stock 4,739 29 Nov 2021 By 401(k)
holding LRCX Common Stock 560 29 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 $2,002,401 -11,329 -50% $176.75 11,330 29 Nov 2021 Common Stock 11,329 $176.75 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 in three equal installments on 03/01/2020, 03/01/2021, and 03/01/2022.