Gottscho Richard A 4
4 · LAM RESEARCH CORP · Filed Feb 9, 2022
Insider Transaction Report
Form 4
Gottscho Richard A
Vice President
Transactions
- Exercise/Conversion
Market-based Performance Restricted Stock Unit
2022-02-07−6,638→ 0 totalExercise: $0.00→ Common Stock (6,638 underlying) - Exercise/Conversion
Common Stock
2022-02-07+9,957→ 36,713 total
Footnotes (3)
- [F1]On 03/01/2019, the Reporting Person received a target grant of 6,638 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2022. 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 02/01/2019 through 01/31/2022. The performance payout was approved at 150% of target.
- [F2]The amount reported includes shares subject to unvested restricted stock units.
- [F3]The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2022. 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 02/01/2019 through 01/31/2022.