February 4, 2025 · Form 4 insider transaction
Fernandes Neil J bought 4,805 shares of Lam Research Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
On 03/01/2022, the Reporting Person received a target grant of 8,440 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.; The amount reported includes shares subject to unvested restricted stock units.