Vahid Vahedi - 01 Mar 2023 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Role: Senior Vice President
Signature: Marta Woods by Power of Attorney
Issuer symbol: LRCX
Transactions as of: 01 Mar 2023
Net transactions value: -$1,356,106
Form type: 4
Filing time: 03 Mar 2023, 15:20:27 UTC
Previous filing: 09 Feb 2023
Next filing: 02 Aug 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	Award	$0	+1,810	+6.6%	$0.000000	29,190	01 Mar 2023	Direct	F1, F2
transaction	LRCX	Common Stock	Tax liability	$92,293	-188	-0.64%	$490.92	29,002	01 Mar 2023	Direct	F2, F3
transaction	LRCX	Common Stock	Tax liability	$80,511	-164	-0.57%	$490.92	28,838	01 Mar 2023	Direct	F2, F3
transaction	LRCX	Common Stock	Tax liability	$960,851	-1,961	-6.8%	$489.98	26,877	02 Mar 2023	Direct	F2, F3
transaction	LRCX	Common Stock	Tax liability	$222,451	-454	-1.7%	$489.98	26,423	02 Mar 2023	Direct	F2, F3

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)	Award	$0	+2,715		$0.000000	2,715	01 Mar 2023	Common Stock	2,715	$490.92	Direct	F4
transaction	LRCX	Market-based Performance Restricted Stock Unit	Award	$0	+3,318		$0.000000	3,318	01 Mar 2023	Common Stock	3,318	$0.000000	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units will vest in three equal installments on 03/01/2024, 03/01/2025, and 03/01/2026.
F2	The amount reported includes shares subject to unvested restricted stock units.
F3	Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations.
F4	The stock options will become exercisable in three equal installments on 03/01/2024, 03/01/2025, and 03/01/2026.
F5	The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2026. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the PHLX Semiconductor Total Return Index Total Shareholder Return during the performance period of 02/01/2023 through 01/31/2026.