Richard A. Gottscho - Dec 21, 2022 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Signature
Leign Cramer by Power of Attorney
Stock symbol
LRCX
Transactions as of
Dec 21, 2022
Transactions value $
-$1,593,000
Form type
4
Date filed
12/22/2022, 01:55 PM
Previous filing
Mar 4, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRCX Common Stock Options Exercise $626K +3.54K +13.27% $176.75 30.2K Dec 21, 2022 Direct F1, F2
transaction LRCX Common Stock Sale -$1.59M -3.54K -11.72% $450.00 26.7K Dec 21, 2022 Direct F1, F2

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 -$626K -3.54K -100% $176.75 0 Dec 21, 2022 Common Stock 3.54K $176.75 Direct F1, 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 November 16, 2022.
F2 Amount reported includes shares subject to unvested restricted stock units.
F3 The stock options will become exercisable in three equal installments on 03/01/2020, 03/01/2021, and 03/01/2022.