|
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 |
|
| |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||
| 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) |
||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Employee Stock Option (Right to Buy) | $ 80.6 | 02/11/2015 | A | 9,303 | (3) | 02/11/2022 | Common Stock | 9,303 | $ 0 | 66,399 (2) | D | ||||
| Market-based Performance Restricted Stock Unit | $ 0 | 02/11/2015 | A | 15,508 | (4) | (4) | Common Stock | 15,508 | $ 0 | 51,731 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Bettinger Douglas R 4650 CUSHING PARKWAY FREMONT, CA 94538 |
EVP, Chief Financial Officer | |||
| Aaron Beckman by Power of Attorney | 02/20/2015 | |
| **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 2/11/16, 2/11/17 and 2/11/18. |
| (2) | The stock option exercise of 1,089 shares, and sale of common stock acquired upon such exercise, of 544 shares pursuant to a 10b5-1 Trading Plan that were reported in a Form 4 filed on February 13, 2015 (the "Form 4"), which the broker acknowledged were erroneously executed without the reporting person's involvement due to the broker's error, were undone through the broker's error account and therefore did not occur for the reporting person's account. After nullifying the erroneous transactions, and after the following Form 4 reported grants of Restricted Stock Units representing 12,406 shares, a Stock Option representing 9,303 shares, and Market-based Performance Restricted Stock Units representing 15,508 shares , the reporting person owned 46,124 shares of common stock, including shares subject to unvested Restricted Stock Units, and held Employee Stock Options subject to 66,399 shares and Market-based Performance Restricted Stock Units representing 51,731 shares. |
| (3) | 33.3% of the stock options will vest on 2/11/16, 2/11/17 and 2/11/18. |
| (4) | These Market-based Performance Restricted Stock Units vest between 0% and 150% on 2/11/18. The performance of these awards 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 2/2/15 to 2/2/18 |