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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $ 51.76 | 02/18/2014 | A | 7,533 | (4) | 02/18/2021 | Common Stock | 7,533 | $ 0 | 29,673 | D | ||||
Employee Stock Option (Right to Buy) | $ 51.76 | 02/18/2014 | A | 3,765 | (5) | 02/18/2021 | Common Stock | 3,765 | $ 0 | 33,438 | D | ||||
Market-based Performance Restricted Stock Unit | $ 0 | 02/18/2014 | A | 12,557 | (6) | (6) | Common Stock | 12,557 | $ 0 | 12,557 | D | ||||
Market-based Performance Restricted Stock Unit | $ 0 | 02/18/2014 | A | 6,278 | (7) | (7) | Common Stock | 6,278 | $ 0 | 18,835 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
O'Dowd Sarah A 4650 CUSHING PARKWAY FREMONT, CA 94538 |
SVP, Chief Legal Officer |
Aaron Beckman by Power of Attorney | 02/20/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 33.3% of the RSUs will vest on 2/18/15, 2/18/16 and 2/18/17. |
(2) | 100% of the RSUs will vest on 2/18/16. |
(3) | Amount reported includes shares subject to unvested Restricted Stock Units. |
(4) | 33.3% of the stock options will vest on 2/18/15, 2/18/16 and 2/18/17. |
(5) | 100% of the stock options will vest on 2/18/16. |
(6) | These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/18/17. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Sector Index Total Shareholder Return during the performance period of 2/18/14 to 2/17/17. |
(7) | These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/18/16. The performance of this award is based on the Lam Research Total Shareholder Return performance relative to the Philadelphia Semiconductor Sector Index Total Shareholder Return during the performance period of 2/18/14 to 2/17/16. |