Vahedi Vahid 4
4 · LAM RESEARCH CORP · Filed Feb 6, 2025
Insider Transaction Report
Form 4
Vahedi Vahid
Senior Vice President
Transactions
- Exercise/Conversion
Market-based Performance Restricted Stock Unit
2025-02-04−25,540→ 0 totalExercise: $0.00→ Common Stock (25,540 underlying) - Exercise/Conversion
Common Stock
2025-02-04+14,542→ 296,344 total
Holdings
- 27,150
Employee Stock Option (Right to Buy)
Exercise: $49.09Exp: 2030-03-01→ Common Stock (27,150 underlying) - 17,460
Employee Stock Option (Right to Buy)
Exercise: $98.15Exp: 2031-03-01→ Common Stock (17,460 underlying) - 33,180
Market-based Performance Restricted Stock Unit
Exercise: $0.00→ Common Stock (33,180 underlying) - 21,340
Market-based Performance Restricted Stock Unit
Exercise: $0.00→ Common Stock (21,340 underlying) - 12,270
Employee Stock Option (Right to Buy)
Exercise: $59.88Exp: 2028-03-01→ Common Stock (12,270 underlying) - 20,880
Employee Stock Option (Right to Buy)
Exercise: $54.06Exp: 2029-03-01→ Common Stock (20,880 underlying)
Footnotes (9)
- [F1]On 03/01/2022, the Reporting Person received a target grant of 25,540 Market-based Performance Restricted Stock Units vesting between 0% and 150% on 03/01/2025. 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 02/01/2022 through 01/31/2025.
- [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 03/01/2025. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Total Return Index Total Shareholder Return during the performance period of 02/01/2022 through 01/31/2025.
- [F4]The Market-based performance restricted stock units will vest between 0% and 150% on 03/01/2026. 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 02/01/2023 through 01/31/2026.
- [F5]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.
- [F6]The stock options will become exercisable in three equal installments on 03/01/2022, 03/01/2023, and 03/01/2024.
- [F7]The stock options will become exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.
- [F8]The stock options will become exercisable in three equal installments on 03/01/2024, 03/01/2025, and 03/01/2026.
- [F9]The stock options will become exercisable in three equal installments on 03/01/2023, 03/01/2024, and 03/01/2025.