George M. Schisler - 06 Feb 2024 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
08 Feb 2024, 14:23:26 UTC
Prior SEC filing
19 Jan 2024
Next SEC filing
05 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Marta Woods by Power of Attorney

Key filing fact

George M. Schisler filed Form 4 for LAM RESEARCH CORP (LRCX) on 08 Feb 2024.

Key facts

  • This page summarizes George M. Schisler's Form 4 filing for LAM RESEARCH CORP (LRCX).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Feb 2024, 14:23.

Change

  • Previous filing in this sequence was filed on 19 Jan 2024.
  • Current net transaction value: $0.

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

Options Exercise

Transaction value
$0
Shares
+255
Change %
+4.3%
Price
$0.000000
Shares after
6,180
Date
06 Feb 2024
Ownership
Direct
Footnotes
F1, F2
LRCX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,879
Date
06 Feb 2024
Ownership
401k

Reported derivative securities

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

LRCX transaction Derivative

Market-based Performance Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-213
Change %
-100%
Price
$0.000000*
Shares after
0
Date
06 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
213
Exercise price
$0.000000
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On 03/01/2021, the Reporting Person received a target grant of 213 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2024. The vesting of this award is based on the total return stock price performance of Lam Research shares (assuming reinvestment of dividends) relative to the market price performance of the PHLX Semiconductor Sector Total Return Index, comparing the 50-trading day trailing average closing price over the performance period from 02/01/2021 to 1/31/2024.

Footnote F2

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

Footnote F3

The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2024. 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 02/01/2021 through 01/31/2024.

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