Seshasayee Varadarajan - Mar 18, 2024 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Signature
Marta Woods by Power of Attorney
Stock symbol
LRCX
Transactions as of
Mar 18, 2024
Transactions value $
-$10,100,200
Form type
4
Date filed
3/20/2024, 12:51 PM
Previous filing
Mar 5, 2024
Next filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRCX Common Stock Sale -$5.07M -5.5K -19.93% $922.41 22.1K Mar 18, 2024 Direct F1, F2
transaction LRCX Common Stock Sale -$5.03M -5.5K -24.89% $913.99 16.6K Mar 19, 2024 Direct F1, F2
holding LRCX Common Stock 237 Mar 18, 2024 By 401(k)
* 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 November 16, 2023.
F2 The amount reported includes shares subject to unvested restricted stock units.