Neil J. Fernandes - Jun 27, 2024 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Signature
Marta Woods by Power of Attorney
Stock symbol
LRCX
Transactions as of
Jun 27, 2024
Transactions value $
-$4,654,846
Form type
4
Date filed
7/1/2024, 01:58 PM
Previous filing
Mar 5, 2024
Next filing
Jul 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRCX Common Stock Sale -$4.65M -4.41K -39.14% $1,055.76 6.86K Jun 27, 2024 Direct F1
holding LRCX Common Stock 102 Jun 27, 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 The reporting person contributed LRCX common stock to an exchange fund in exchange for shares of the exchange fund. The transaction was effected pursuant to a 10b5-1 plan adopted on February 15, 2024