Lam Research Form 4 / PATRICK J LORD ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

LORD PATRICK J

(Last)

(First)

(Middle)

C/O LAM RESEARCH CORPORATION

4650 CUSHING PARKWAY

(Street)

FREMONT

94538

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LAM RESEARCH CORP [ LRCX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/11/2024		M		1,362⁽¹⁾	A	$598.81	9,328⁽²⁾	D
Common Stock	03/11/2024		S		300⁽¹⁾	D	$924.68⁽³⁾	9,028⁽²⁾	D
Common Stock	03/11/2024		S		321⁽¹⁾	D	$925.78⁽⁴⁾	8,707⁽²⁾	D
Common Stock	03/11/2024		S		268⁽¹⁾	D	$927⁽⁵⁾	8,439⁽²⁾	D
Common Stock	03/11/2024		S		121⁽¹⁾	D	$928.1⁽⁶⁾	8,318⁽²⁾	D
Common Stock	03/11/2024		S		123⁽¹⁾	D	$929.25⁽⁷⁾	8,195⁽²⁾	D
Common Stock	03/11/2024		S		101⁽¹⁾	D	$930.73⁽⁸⁾	8,094⁽²⁾	D
Common Stock	03/11/2024		S		100⁽¹⁾	D	$933.32	7,994⁽²⁾	D
Common Stock	03/11/2024		S		28⁽¹⁾	D	$939.93	7,966⁽²⁾	D
Common Stock	03/11/2024		M		2,026⁽¹⁾	A	$540.57	9,992⁽²⁾	D
Common Stock	03/11/2024		S		300⁽¹⁾	D	$924.26⁽⁹⁾	9,692⁽²⁾	D
Common Stock	03/11/2024		S		200⁽¹⁾	D	$925.29⁽¹⁰⁾	9,492⁽²⁾	D
Common Stock	03/11/2024		S		330⁽¹⁾	D	$925.97⁽¹¹⁾	9,162⁽²⁾	D
Common Stock	03/11/2024		S		325⁽¹⁾	D	$927.86⁽¹²⁾	8,837⁽²⁾	D
Common Stock	03/11/2024		S		467⁽¹⁾	D	$929.63⁽¹³⁾	8,370⁽²⁾	D
Common Stock	03/11/2024		S		204⁽¹⁾	D	$930.66⁽¹⁴⁾	8,166⁽²⁾	D
Common Stock	03/11/2024		S		175⁽¹⁾	D	$934.18⁽¹⁵⁾	7,991⁽²⁾	D
Common Stock	03/11/2024		S		25⁽¹⁾	D	$938.5	7,966⁽²⁾	D
Common Stock	03/11/2024		M		1,407⁽¹⁾	A	$490.92	9,373⁽²⁾	D
Common Stock	03/11/2024		S		355⁽¹⁾	D	$924.38⁽¹⁶⁾	9,018⁽²⁾	D
Common Stock	03/11/2024		S		80⁽¹⁾	D	$925.34	8,938⁽²⁾	D
Common Stock	03/11/2024		S		240⁽¹⁾	D	$926.67⁽¹⁷⁾	8,698⁽²⁾	D
Common Stock	03/11/2024		S		306⁽¹⁾	D	$928.64⁽¹⁸⁾	8,392⁽²⁾	D
Common Stock	03/11/2024		S		160⁽¹⁾	D	$929.62⁽¹³⁾	8,232⁽²⁾	D
Common Stock	03/11/2024		S		63⁽¹⁾	D	$930.67⁽¹⁹⁾	8,169⁽²⁾	D
Common Stock	03/11/2024		S		106⁽¹⁾	D	$932.17⁽²⁰⁾	8,063⁽²⁾	D
Common Stock	03/11/2024		S		80⁽¹⁾	D	$933.99	7,983⁽²⁾	D
Common Stock	03/11/2024		S		17⁽¹⁾	D	$938.5	7,966⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$598.81	03/11/2024		M			1,362⁽¹⁾	⁽²¹⁾	03/01/2028	Common Stock	1,362	$0	0	D
Employee Stock Option (Right to Buy)	$540.57	03/11/2024		M			2,026⁽¹⁾	⁽²²⁾	03/01/2029	Common Stock	2,026	$0	1,013	D
Employee Stock Option (Right to Buy)	$490.92	03/11/2024		M			1,407⁽¹⁾	⁽²³⁾	03/01/2030	Common Stock	1,407	$0	2,814	D

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 27, 2023.

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

3. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $924.27 to $924.98, inclusive.

4. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $925.43 to $926.26, inclusive.

5. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $926.70 to $927.70, inclusive.

6. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $927.85 to $928.36, inclusive.

7. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $929.03 to $929.85, inclusive.

8. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $930.46 to $931.22, inclusive.

9. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $923.95 to $924.43, inclusive.

10. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $925.09 to $925.49, inclusive.

11. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $925.62 to $926.47, inclusive.

12. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $927.26 to $928.20, inclusive.

13. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $929.23 to $930.00, inclusive.

14. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $930.47 to $930.85, inclusive.

15. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $934.05 to $934.35, inclusive.

16. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $923.79 to $924.71, inclusive.

17. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $926.47 to $927.02, inclusive.

18. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $928.21 to $929.05, inclusive.

19. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $930.30 to $930.98, inclusive.

20. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $931.70 to $932.32, inclusive.

21. The stock options will become exercisable in three equal installments on 3/1/2022, 03/1/2023, and 3/2/2024.

22. The stock options will become exercisable in three equal installments on 3/1/2023, 03/1/2024, and 3/2/2025

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

Remarks:

This is form one of two forms, to report the 10b5-1 transactions dated March 11, 2024.

	Marta Woods by Power of Attorney	03/13/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Lam Research (LRCX) Form 4LAM RESEARCH / PATRICK J LORD ownership change