Schisler George M 4
4 · LAM RESEARCH CORP · Filed Feb 8, 2024
Insider Transaction Report
Form 4
Schisler George M
Chief Legal Officer
Transactions
- Exercise/Conversion
Market-based Performance Restricted Stock Unit
2024-02-06−213→ 0 totalExercise: $0.00→ Common Stock (213 underlying) - Exercise/Conversion
Common Stock
2024-02-06+255→ 6,180 total
Holdings
- 1,878.841(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]On 03/01/2021, the Reporting Person received a target grant of 213 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2024. 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 02/01/2021 to 1/31/2024.
- [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 03/01/2024. 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 02/01/2021 through 01/31/2024.