Patrick J. Lord - Mar 11, 2024 Form 4 Insider Report for LAM RESEARCH CORP (LRCX)

Signature
Marta Woods by Power of Attorney
Stock symbol
LRCX
Transactions as of
Mar 11, 2024
Transactions value $
-$3,202,737
Form type
4
Date filed
3/13/2024, 04:41 PM
Previous filing
Mar 5, 2024
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRCX Common Stock Sale -$92.4K -100 -1.26% $923.98 7.87K Mar 11, 2024 Direct F1, F2
transaction LRCX Common Stock Sale -$462K -500 -6.36% $924.51 7.37K Mar 11, 2024 Direct F1, F2, F3
transaction LRCX Common Stock Sale -$741K -800 -10.86% $925.90 6.57K Mar 11, 2024 Direct F1, F2, F4
transaction LRCX Common Stock Sale -$464K -500 -7.61% $927.09 6.07K Mar 11, 2024 Direct F1, F2, F5
transaction LRCX Common Stock Sale -$348K -375 -6.18% $928.18 5.69K Mar 11, 2024 Direct F1, F2, F6
transaction LRCX Common Stock Sale -$629K -676 -11.88% $929.82 5.02K Mar 11, 2024 Direct F1, F2, F7
transaction LRCX Common Stock Sale -$306K -329 -6.56% $930.85 4.69K Mar 11, 2024 Direct F1, F2, F8
transaction LRCX Common Stock Sale -$93.3K -100 -2.13% $932.63 4.59K Mar 11, 2024 Direct F1, F2
transaction LRCX Common Stock Sale -$67.7K -72 -1.57% $940.01 4.51K Mar 11, 2024 Direct F1, F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 27, 2023.
F2 The amount reported includes shares subject to unvested restricted stock units.
F3 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $924.15 to $925.00, inclusive.
F4 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $925.44 to $926.21, inclusive.
F5 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $926.66 to $927.58, inclusive.
F6 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $927.94 to $928.46, inclusive.
F7 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $929.33 to $930.25, inclusive.
F8 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $930.39 to $931.05, inclusive.
F9 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $939.93 to $940.16, inclusive.

Remarks:

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