0000707549-25-000029.txt : 20250206 0000707549-25-000029.hdr.sgml : 20250206 20250206162235 ACCESSION NUMBER: 0000707549-25-000029 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250204 FILED AS OF DATE: 20250206 DATE AS OF CHANGE: 20250206 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bettinger Douglas R CENTRAL INDEX KEY: 0001469469 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-12933 FILM NUMBER: 25597713 MAIL ADDRESS: STREET 1: C/O 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] ORGANIZATION NAME: 06 Technology IRS NUMBER: 942634797 STATE OF INCORPORATION: DE FISCAL YEAR END: 0629 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 wk-form4_1738876948.xml FORM 4 X0508 4 2025-02-04 0 0000707549 LAM RESEARCH CORP LRCX 0001469469 Bettinger Douglas R 4650 CUSHING PARKWAY FREMONT CA 94538 0 1 0 0 Chief Financial Officer & EVP 0 Common Stock 2025-02-04 4 M 0 21637 0 A 1011379 D Market-based Performance Restricted Stock Unit 0 2025-02-04 4 M 0 38000 0 D Common Stock 38000 0 D Market-based Performance Restricted Stock Unit 0 Common Stock 51280 51280 D Market-based Performance Restricted Stock Unit 0 Common Stock 39720 39720 D Employee Stock Option (Right to Buy) 59.881 2028-03-01 Common Stock 16620 16620 D Employee Stock Option (Right to Buy) 54.057 2029-03-01 Common Stock 37980 37980 D Employee Stock Option (Right to Buy) 49.092 2030-03-01 Common Stock 51270 51270 D Employee Stock Option (Right to Buy) 98.153 2031-03-01 Common Stock 39720 39720 D Employee Stock Option (Right to Buy) 30.033 2027-03-02 Common Stock 11710 11710 D On 03/01/2022, the Reporting Person received a target grant of 38,000 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2025. The vesting of this award is based on the total return stock price performance of Lam Research shares (assuming reinvestment of dividends) relative to the market price performance of the PHLX Semiconductor Sector Total Return Index, comparing the 50-trading day trailing average closing price over the performance period from 02/01/2022 through 01/31/2025. 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 03/01/2025. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Total Return Index Total Shareholder Return during the performance period of 02/01/2022 through 01/31/2025. The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2026. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the PHLX Semiconductor Total Return Index Total Shareholder Return during the performance period of 02/01/2023 through 01/31/2026. The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2027. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the PHLX Semiconductor Total Return Index Total Shareholder Return during the performance period of 02/01/2024 through 01/31/2027. The stock options will become exercisable in three equal installments on 03/01/2022, 03/01/2023, and 03/01/2024. The stock options will become exercisable in three equal installments on 03/01/2023, 03/01/2024, and 03/01/2025. The stock options will become exercisable in three equal installments on 03/01/2024, 03/01/2025, and 03/01/2026. The stock options will become exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027. The stock options will become exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023. Adjusted to reflect a ten-for-one forward split of the Issuer's common stock effective after market close on October 2, 2024. Marta Woods by Power of Attorney 2025-02-06