Neil J. Fernandes - Jul 12, 2024 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Signature
Marta Woods by Power of Attorney
Stock symbol
LRCX
Transactions as of
Jul 12, 2024
Transactions value $
-$1,712,324
Form type
4
Date filed
7/15/2024, 04:40 PM
Previous filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRCX Common Stock Sale -$1.71M -1.62K -23.63% $1,056.99 5.24K Jul 12, 2024 Direct F1, F2
holding LRCX Common Stock 102 Jul 12, 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 February 23, 2024.
F2 The amount reported includes shares subject to unvested restricted stock units.