Ava Harter - 05 Aug 2024 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Signature
Marta Woods by Power of Attorney
Issuer symbol
LRCX
Transactions as of
05 Aug 2024
Net transactions value
$0
Form type
4
Filing time
06 Aug 2024, 11:36:49 UTC
Previous filing
10 Jul 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRCX Common Stock Award $0 +3,505 $0.000000 3,505 05 Aug 2024 Direct F1, F2
transaction LRCX Common Stock Award $0 +1,202 +34% $0.000000 4,707 05 Aug 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 +2,203 $0.000000 2,203 05 Aug 2024 Common Stock 2,203 $0.000000 Direct F4
transaction LRCX Employee Stock Option (Right to Buy) Award $0 +1,803 $0.000000 1,803 05 Aug 2024 Common Stock 1,803 $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.