Fernandes Neil J 4
4 · LAM RESEARCH CORP · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Fernandes Neil J
Senior Vice President
Transactions
- Award
Common Stock
2024-03-01+1,095→ 12,091 total - Tax Payment
Common Stock
2024-03-01$981.53/sh−448$439,725→ 11,643 total - Tax Payment
Common Stock
2024-03-01$981.53/sh−150$147,230→ 11,493 total - Tax Payment
Common Stock
2024-03-01$981.53/sh−139$136,433→ 11,354 total - Tax Payment
Common Stock
2024-03-01$981.53/sh−129$126,617→ 11,225 total - Award
Market-based Performance Restricted Stock Unit
2024-03-01+2,009→ 2,009 totalExercise: $0.00→ Common Stock (2,009 underlying) - Award
Employee Stock Option (Right to Buy)
2024-03-01+1,641→ 1,641 totalExercise: $981.53Exp: 2031-03-01→ Common Stock (1,641 underlying)
Holdings
- 101.545(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]The restricted stock units will vest in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.
- [F2]The amount reported includes shares subject to unvested restricted stock units.
- [F3]Represents shares that were automatically withheld upon vesting of restricted stock units to satisfy tax withholding obligations.
- [F4]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.
- [F5]The stock options will become exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.