Meikle Scott Gerald 4
4 · LAM RESEARCH CORP · Filed Feb 9, 2023
Insider Transaction Report
Form 4
Meikle Scott Gerald
Senior Vice President
Transactions
- Exercise/Conversion
Market-based Performance Restricted Stock Unit
2023-02-07−2,396→ 0 totalExercise: $0.00→ Common Stock (2,396 underlying) - Exercise/Conversion
Common Stock
2023-02-07+2,759→ 23,184 total
Holdings
- 167.242(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]On 03/02/2020, the Reporting Person received a target grant of 2,396 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/02/2023. 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 February 3, 2020, to February 2, 2023.
- [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 03/02/2023. 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 February 3, 2020, to February 2, 2023.