0000707549-21-000023.txt : 20210205 0000707549-21-000023.hdr.sgml : 20210205 20210205123347 ACCESSION NUMBER: 0000707549-21-000023 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210203 FILED AS OF DATE: 20210205 DATE AS OF CHANGE: 20210205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Varadarajan Seshasayee CENTRAL INDEX KEY: 0001707827 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-12933 FILM NUMBER: 21595047 MAIL ADDRESS: STREET 1: LAM RESEARCH CORPORATION STREET 2: 4650 CUSHING PARKWAY CITY: FREMONT STATE: CA ZIP: 94538 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LAM RESEARCH CORP CENTRAL INDEX KEY: 0000707549 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 942634797 STATE OF INCORPORATION: DE FISCAL YEAR END: 0628 BUSINESS ADDRESS: STREET 1: 4650 CUSHING BLVD CITY: FREMONT STATE: CA ZIP: 94538 BUSINESS PHONE: 5106590200 MAIL ADDRESS: STREET 1: 4650 CUSHING PARKWAY CITY: FREMONT STATE: CA ZIP: 94538 4 1 wf-form4_161254640576993.xml FORM 4 X0306 4 2021-02-03 0 0000707549 LAM RESEARCH CORP LRCX 0001707827 Varadarajan Seshasayee C/O LAM RESEARCH CORPORATION 4650 CUSHING PARKWAY FREMONT CA 94538 0 1 0 0 Senior Vice President Common Stock 2021-02-03 4 M 0 6711 0 A 31033 D Common Stock 232.006 I By 401(k) Market-based Performance Restricted Stock Unit 0.0 2021-02-03 4 M 0 4474 0 D Common Stock 4474.0 0 D On 03/01/2018, the Reporting Person received a target grant of 4,474 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. The amount reported includes shares subject to unvested restricted stock units. 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. Leign Cramer by Power of Attorney 2021-02-05 EX-24 2 varadarajanpoa2017-05x17.htm POA VARADARAJAN
POWER OF ATTORNEY



The undersigned hereby constitutes and appoints each of Peter Ornowski, Corporate Controller, Brenna
Hodgson, Sr. Finance Manager, Leign Cramer, Stock Administrator, and George Schisler, Vice President
of General Legal Affairs, signing singly, to be the undersigned's true and lawful attorney-in-fact to:



(1) prepare, execute in my name and on my behalf, and submit to the United States Securities
and Exchange Commission (the "SEC") a Form ID, including amendments thereto, and any
other documents necessary or appropriate to obtain codes and passwords enabling me to
make electronic filings with the SEC of reports required by Section 16(a) of the Securities
Exchange Act of 1934 ("Section 16(a)") or any rule or regulation of the SEC;



(2) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer
and/or director of Lam Research Corporation (the "Company"), Forms 3, 4, and 5 in
accordance with Section 16(a) and the rules thereunder;



(3) do and perform any and all acts for and on behalf of the undersigned which may be
necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and
execute any amendment or amendments thereto, and timely file such form with the SEC
and any stock exchange or similar authority; and



(4) take any other action of any type whatsoever in connection with the foregoing which, in the
opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally
required by, the undersigned, it being understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in
such form and shall contain such terms and conditions as such attorney-in-fact may
approve in such attorney-in-fact's discretion.



The undersigned hereby grants to each such attorney-in-fact full power and authority to do and
perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise
of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming
all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to
be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to
comply with Section 16 of the Securities Exchange Act of 1934.



This Power of Attorney shall remain in full force and effect until the undersigned is no longer
required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities
issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.



IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of 17 May 2017.





/s/Sesha Varadarajan

 Signature



 Print Name: Sesha Varadarajan