Filing Details

Accession Number:
0000707549-21-000033
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-09 11:50:27
Reporting Period:
2021-02-05
Accepted Time:
2021-02-09 11:50:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
707549 Lam Research Corp LRCX Special Industry Machinery, Nec (3559) 942634797
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1343600 Timothy Archer
4650 Cushing Parkway
Fremont CA 94538
President And Ceo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-02-05 19,738 $0.00 98,959 No 4 M Direct
Common Stock Disposition 2021-02-05 122 $509.76 98,837 No 4 F Direct
Common Stock Acquisiton 2021-02-08 4,464 $145.73 103,301 No 4 M Direct
Common Stock Disposition 2021-02-08 4,464 $515.00 98,837 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Market-based Performance Restricted Stock Unit Disposition 2021-02-05 13,159 $0.00 13,159 $0.00
Common Stock Employee Stock Option (Right to Buy) Disposition 2021-02-08 4,464 $145.73 4,464 $145.73
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
32,740 2025-12-06 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,707 Indirect By 401(k)
Common Stock 556 Indirect By Spouse 401(k)
Footnotes
  1. On 03/01/2018, the Reporting Person received a target grant of 13,159 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2021. The performance of this award was based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Sector Index Total Shareholder Return during the performance period of 02/01/2018 to 01/31/2021.The performance payout was approved at 150% of target.
  2. The amount reported includes shares subject to unvested restricted stock units.
  3. Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations.
  4. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 19,2020.
  5. The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2021. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Sector Index Total Shareholder Return during the performance period of 02/01/2018 through 01/31/2021.
  6. The stock options will become exercisable over four years, a quarter on the one-year anniversary of the grant date and the remainder on a pro-rated basis on the 6th day of every month thereafter for the next 36 months.