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

Role
Executive Vice President & CTO
Signature
Leign Cramer by Power of Attorney
Issuer symbol
LRCX
Transactions as of
21 Dec 2022
Net transactions value
-$1,593,000
Form type
4
Filing time
22 Dec 2022, 13:55:46 UTC
Previous filing
04 Mar 2022
Next filing
09 Feb 2023
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 $625,695 +3,540 +13% $176.75 30,212 21 Dec 2022 Direct F1, F2
transaction LRCX Common Stock Sale $1,593,000 -3,540 -12% $450.00 26,672 21 Dec 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 $625,695 -3,540 -100% $176.75 0 21 Dec 2022 Common Stock 3,540 $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.