Harter Ava 4
4 · LAM RESEARCH CORP · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Harter Ava
Chief Legal Officer
Transactions
- Award
Common Stock
2025-02-28+19,360→ 66,430 total - Award
Market-based Performance Restricted Stock Unit
2025-02-28+23,663→ 23,663 totalExercise: $0.00→ Common Stock (23,663 underlying) - Tax Payment
Common Stock
2025-02-28$76.74/sh−1,383$106,131→ 65,047 total
Holdings
- 18,030
Employee Stock Option (Right to Buy)
Exercise: $77.04Exp: 2031-08-05→ Common Stock (18,030 underlying) - 22,030
Market-based Performance Restricted Stock Unit
Exercise: $0.00→ Common Stock (22,030 underlying)
Footnotes (6)
- [F1]The restricted stock units will vest in three equal installments on 02/28/2026, 02/28/2027, and 02/28/2028
- [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 2/28/2028. The performance of this of this award is based on the percentile ranking of Lam Research's Total Shareholder Return relative to the Total Shareholder Return of the companies in the PHLX Semiconductor Total Return Index during the performance period of 02/03/2025 through 02/02/2028.
- [F5]The stock options will become exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.
- [F6]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.