Vahedi Vahid 4
4 · LAM RESEARCH CORP · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Vahedi Vahid
Senior Vice President
Transactions
- Award
Common Stock
2024-03-01+1,164→ 30,099 total - Tax Payment
Common Stock
2024-03-01$981.53/sh−1,162$1,140,538→ 28,937 total - Tax Payment
Common Stock
2024-03-01$981.53/sh−270$265,013→ 28,667 total - Tax Payment
Common Stock
2024-03-01$981.53/sh−230$225,752→ 28,437 total - Tax Payment
Common Stock
2024-03-01$981.53/sh−298$292,496→ 28,139 total - Award
Market-based Performance Restricted Stock Unit
2024-03-01+2,134→ 2,134 totalExercise: $0.00→ Common Stock (2,134 underlying) - Award
Employee Stock Option (Right to Buy)
2024-03-01+1,746→ 1,746 totalExercise: $981.53Exp: 2031-03-01→ Common Stock (1,746 underlying)
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.