Timothy Archer - Feb 28, 2025 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Role
President and CEO
Signature
Marta Woods by Power of Attorney
Stock symbol
LRCX
Transactions as of
Feb 28, 2025
Transactions value $
-$5,323,070
Form type
4
Date filed
3/4/2025, 12:05 PM
Previous filing
Feb 6, 2025
Next filing
Mar 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRCX Common Stock Award $0 +119K +12.7% $0.00 1.05M Feb 28, 2025 Direct F1, F2
transaction LRCX Common Stock Tax liability -$3.29M -42.9K -4.08% $76.74 1.01M Feb 28, 2025 Direct F2, F3
transaction LRCX Common Stock Tax liability -$643K -8.37K -0.83% $76.74 1M Feb 28, 2025 Direct F2, F3
transaction LRCX Common Stock Tax liability -$765K -9.97K -1% $76.74 990K Feb 28, 2025 Direct F2, F3
transaction LRCX Common Stock Tax liability -$622K -8.11K -0.82% $76.74 982K Mar 28, 2025 Direct F2, F3
holding LRCX Common Stock 48K Feb 28, 2025 By 401(k)
holding LRCX Common Stock 5.67K Feb 28, 2025 By Spouse 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LRCX Market-based Performance Restricted Stock Unit Award $0 +178K $0.00 178K Feb 28, 2025 Common Stock 178K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units will vest in three equal installments on 02/28/2026, 02/28/2027, and 02/28/2028
F2 The amount reported includes shares subject to unvested restricted stock units
F3 Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations.
F4 The Market-based performance restricted stock units will vest between 0% and 150% on 2/28/2028. The performance of this of this award is based on the percentile ranking of Lam Research's Total Shareholder Return relative to the Total Shareholder Return of the companies in the PHLX Semiconductor Total Return Index during the performance period of 02/03/2025 through 02/02/2028.