Saraswat Krishna 4
4 · LAM RESEARCH CORP · Filed Jun 6, 2012
Insider Transaction Report
Form 4
Saraswat Krishna
Director
Transactions
- Award
Common Stock
2012-06-04+1,820→ 14,476 total - Award
Common Stock
2012-06-04+12,656→ 0 total
Footnotes (2)
- [F1]Acquired in connection with the merger of BLMS Inc. ("Merger Sub"), a wholly owned subsidiary of Lam Research Corporation ("Lam Research"), with and into Novellus Systems, Inc. ("Novellus"), pursuant to the terms of the Agreement and Plan of Merger by and among Merger Sub, Lam Research and Novellus dated December 14, 2011 (the "Merger"). In connection with the Merger, Mr. Saraswat received 12,656 shares of Lam Research common stock in exchange for 11,250 shares of Novellus common stock. On June 4, 2012, the effective date of the Merger, the closing price of Lam Research's common stock was $35.99 and the closing price of Novellus' common stock was $40.39 per share.
- [F2]Amount reported includes shares subject to unvested Restricted Stock Units.