| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LRCX | Employee Stock Option (Right to Buy) | Options Exercise | -$680K | -35.8K | -100% | $19.01 | 0 | Feb 20, 2025 | Common Stock | 35.8K | $19.01 | Direct | F1, F3 |
| transaction | LRCX | Employee Stock Option (Right to Buy) | Options Exercise | -$1.31M | -74.3K | -100% | $17.68 | 0 | Feb 20, 2025 | Common Stock | 74.3K | $17.68 | Direct | F1, F4 |
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).
| Id | Content |
|---|---|
| F1 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2024. |
| F2 | The amount reported includes shares subject to unvested restricted stock units. |
| F3 | The stock options will become exercisable in three equal installments on 03/01/2019, 03/01/2020, and 03/01/2021. |
| F4 | The stock options will become exercisable in three equal installments on 03/01/2020, 03/01/2021, and 03/01/2022. |