Abhijit Y. Talwalkar - 03 Apr 2023 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Role
Director
Signature
Marta Woods by Power of Attorney
Issuer symbol
LRCX
Transactions as of
03 Apr 2023
Transactions value $
-$461,723
Form type
4
Filing time
04 Apr 2023, 15:59:57
Previous filing
04 Jan 2023
Next filing
22 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRCX Common Stock Sale -$462K -881 -5.97% $524.09 13.9K 03 Apr 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 25, 2022.
F2 The amount reported includes shares subject to unvested restricted stock units.