Ava Harter - Aug 5, 2024 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Role: Chief Legal Officer
Signature: Marta Woods by Power of Attorney
Stock symbol: LRCX
Transactions as of: Aug 5, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/6/2024, 11:36 AM
Previous filing: Jul 10, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LRCX	Common Stock	Award	$0	+3.51K		$0.00	3.51K	Aug 5, 2024	Direct	F1, F2
transaction	LRCX	Common Stock	Award	$0	+1.2K	+34.29%	$0.00	4.71K	Aug 5, 2024	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	Market-based Performance Restricted Stock Unit	Award	$0	+2.2K		$0.00	2.2K	Aug 5, 2024	Common Stock	2.2K	$0.00	Direct	F4
transaction	LRCX	Employee Stock Option (Right to Buy)	Award	$0	+1.8K		$0.00	1.8K	Aug 5, 2024	Common Stock	1.8K	$770.39	Direct	F3

* 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 08/05/2025, 08/05/2026, and 08/05/2027.
F2	The amount reported includes shares subject to unvested restricted stock units.
F3	The stock options will become exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.
F4	The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2027. 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 02/01/2024 through 01/31/2027.