Ava Hahn - 01 Mar 2023 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2023, 16:12:29 UTC
Prior SEC filing
09 Feb 2023
Next SEC filing
04 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Marta Woods by Power of Attorney

Key filing fact

Ava Hahn filed Form 4 for LAM RESEARCH CORP (LRCX) on 03 Mar 2023.

Key facts

  • This page summarizes Ava Hahn's Form 4 filing for LAM RESEARCH CORP (LRCX).
  • 9 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 03 Mar 2023, 16:12.

Change

  • Previous filing in this sequence was filed on 09 Feb 2023.
  • Current net transaction value: -$3,408,616.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LRCX transaction

Common Stock

Award

Transaction value
$0
Shares
+1,448
Change %
+16%
Price
$0.000000
Shares after
10,407
Date
01 Mar 2023
Ownership
Direct
Footnotes
F1, F2
LRCX transaction

Common Stock

Tax liability

Transaction value
$61,365
Shares
-125
Change %
-1.2%
Price
$490.92
Shares after
10,282
Date
01 Mar 2023
Ownership
Direct
Footnotes
F2, F3
LRCX transaction

Common Stock

Tax liability

Transaction value
$64,311
Shares
-131
Change %
-1.3%
Price
$490.92
Shares after
10,151
Date
01 Mar 2023
Ownership
Direct
Footnotes
F2, F3
LRCX transaction

Common Stock

Tax liability

Transaction value
$1,197,511
Shares
-2,444
Change %
-24%
Price
$489.98
Shares after
7,707
Date
02 Mar 2023
Ownership
Direct
Footnotes
F2, F3
LRCX transaction

Common Stock

Tax liability

Transaction value
$284,678
Shares
-581
Change %
-7.5%
Price
$489.98
Shares after
7,126
Date
02 Mar 2023
Ownership
Direct
Footnotes
F2, F3
LRCX transaction

Common Stock

Sale

Transaction value
$233,273
Shares
-487
Change %
-6.8%
Price
$479.00
Shares after
6,639
Date
02 Mar 2023
Ownership
Direct
Footnotes
F2, F4
LRCX transaction

Common Stock

Sale

Transaction value
$1,567,478
Shares
-3,206
Change %
-48%
Price
$488.92
Shares after
3,433
Date
03 Mar 2023
Ownership
Direct
Footnotes
F2, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LRCX transaction Derivative

Market-based Performance Restricted Stock Unit

Award

Transaction value
$0
Shares
+2,654
Change %
Price
$0.000000
Shares after
2,654
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,654
Exercise price
$0.000000
Footnotes
F5
LRCX transaction Derivative

Employee Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+2,172
Change %
Price
$0.000000
Shares after
2,172
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,172
Exercise price
$490.92
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The restricted stock units will vest in three equal installments on 03/01/2024, 03/01/2025, and 03/01/2026.

Footnote F2

The amount reported includes shares subject to unvested restricted stock units.

Footnote F3

Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations.

Footnote F4

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2022.

Footnote F5

The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2026. 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 02/01/2023 through 01/31/2026.

Footnote F6

The stock options will become exercisable in three equal installments on 03/01/2024, 03/01/2025, and 03/01/2026.

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