Filing Details
- Accession Number:
- 0000707549-19-000055
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-03-05 17:49:44
- Reporting Period:
- 2019-03-01
- Accepted Time:
- 2019-03-05 17:49:44
- 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 |
|---|---|---|---|---|---|---|---|
| 1185730 | Kevin Jennings | C/O Lam Research Corporation 4560 Cushing Parkway Fremont CA 94538 | Senior Vice President | 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 | Disposition | 2019-03-01 | 3,573 | $176.75 | 13,337 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2019-03-01 | 1,195 | $176.75 | 12,142 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2019-03-01 | 770 | $176.75 | 11,372 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2019-03-01 | 556 | $176.75 | 10,816 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2019-03-01 | 2,788 | $0.00 | 13,604 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2019-03-01 | 1,553 | $119.67 | 15,157 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-03-01 | 1,553 | $177.67 | 13,604 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2019-03-04 | 7,016 | $177.35 | 6,588 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | 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 | Acquisiton | 2019-03-01 | 4,647 | $0.00 | 4,647 | $0.00 |
| Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2019-03-01 | 7,432 | $176.75 | 7,432 | $176.75 |
| Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2019-03-01 | 1,553 | $119.67 | 1,553 | $119.67 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 4,647 | No | 4 | A | Direct | ||
| 7,432 | 2026-03-01 | No | 4 | A | Direct | |
| 1,553 | 2024-03-01 | No | 4 | M | Direct |
Footnotes
- Amount reported includes shares subject to unvested Restricted Stock Units.
- The Restricted Stock Units will vest in three equal installments on 03/01/2020, 03/01/2021, and 03/01/2022.
- Shares exercised pursuant to 10b5-1 Trading Plan.
- These Market-based Performance Restricted Stock Units vest between 0% and 150% on 03/01/2022. 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 02/01/2019 through 01/31/2022.
- The stock option becomes exercisable in three equal installments on 03/01/2020, 03/01/2021, and 03/01/2022.
- 33.3% of the stock options will vest on 3/1/18, 3/1/19, and 3/1/20.
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