=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-03-02
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
--- Reporting Owner ---
Name: Bettinger Douglas R
CIK: 0001469469
Role: Officer (Chief Financial Officer & EVP)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: +16,620 | Price: $59.88
Total Value: $995,222.22
Shares Owned After: 1,044,651 | Ownership: D (Direct)
Footnotes:
[F1] The amount reported includes shares subject to unvested restricted stock units.
[Transaction #2]
Security: Common Stock
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: +37,980 | Price: $54.06
Total Value: $2,053,084.86
Shares Owned After: 1,082,631 | Ownership: D (Direct)
Footnotes:
[F1] The amount reported includes shares subject to unvested restricted stock units.
[Transaction #3]
Security: Common Stock
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: +11,710 | Price: $30.03
Total Value: $351,686.43
Shares Owned After: 1,094,341 | Ownership: D (Direct)
Footnotes:
[F1] The amount reported includes shares subject to unvested restricted stock units.
[Transaction #4]
Security: Common Stock
Date: 2026-03-02 | Code: S (Open market sale)
Shares: -40,329 | Price: $230.22
Total Value: $9,284,542.38
Shares Owned After: 1,054,012 | Ownership: D (Direct)
Footnotes:
[F2] The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $230.07 .00 to $230.39, inclusive
[F1] The amount reported includes shares subject to unvested restricted stock units.
--- Derivative Transactions ---
[Transaction #1]
Security: Employee Stock Option (Right to Buy)
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: -16,620 | Price: $0.00
Exercisable: N/A | Expires: 2028-03-01
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F3] The stock options will become exercisable in three equal installments on 03/01/2022, 03/01/2023 and 03/01/2024.
[Transaction #2]
Security: Employee Stock Option (Right to Buy)
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: -37,980 | Price: $0.00
Exercisable: N/A | Expires: 2029-03-01
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F4] The stock options will become exercisable in three equal installments on 03/01/2023, 03/01/2024 and 03/01/2024.
[Transaction #3]
Security: Employee Stock Option (Right to Buy)
Date: 2026-03-02 | Code: M (Exercise of derivative)
Shares: -11,710 | Price: $0.00
Exercisable: N/A | Expires: 2027-03-02
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F5] The stock options will become exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.
--- Footnotes (Complete Index) ---
F1: The amount reported includes shares subject to unvested restricted stock units.
F2: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $230.07 .00 to $230.39, inclusive
F3: The stock options will become exercisable in three equal installments on 03/01/2022, 03/01/2023 and 03/01/2024.
F4: The stock options will become exercisable in three equal installments on 03/01/2023, 03/01/2024 and 03/01/2024.
F5: The stock options will become exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.
--- Signature ---
/s/ Marta Woods by Power of Attorney (2026-03-03)