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FILED PURSUANT TO RULE 424(b)(3)
REGISTRATION STATEMENT NO. 333-39167
PROSPECTUS SUPPLEMENT NO. 3
(TO PROSPECTUS DATED NOVEMBER 10, 1997)
$310,000,000
LAM RESEARCH CORPORATION
5% CONVERTIBLE SUBORDINATED NOTES DUE 2002
This Prospectus Supplement supplements information contained in that
certain Prospectus dated November 10, 1997, Prospectus Supplement No. 1 to such
Prospectus dated January 27, 1998, and Prospectus Supplement No. 2 to such
Prospectus dated March 20, 1998 (collectively, the "Prospectus"), each relating
to the potential sale from time to time of up to $310,000,000 aggregate amount
of Notes and the Common Stock issuable upon conversion thereof by the Selling
Securityholders. This Prospectus Supplement is not complete without, and may not
be delivered or utilized except in connection with, the Prospectus. Capitalized
terms used herein but not defined have the meanings assigned to such terms in
the Prospectus.
The following information shall be added in the appropriate alphabetical
sequence to the table set forth in the Prospectus under the caption "Selling
Securityholders" with respect to the Selling Securityholders and the respective
principal amounts of Registrable Notes beneficially owned by such Selling
Securityholder that may be offered pursuant to the Prospectus, as amended or
supplemented:
<TABLE>
<S> <C> <C> <C>
Boston College Endowment Fund 106,000 * 1,207 *
Fidelity Advisor Series VII: Fidelity Advisor Technology Fund 360,000 * 4,101 *
Fidelity Select Portfolios: Technology Portfolio 2,640,000 * 30,078 *
Jeffries & Company 450,000 * 5,127 *
Museum of Fine Arts, Boston 123,000 * 1,401 *
New Hampshire State Retirement System 546,000 * 6,220 *
Promutual 458,000 * 5,218 *
Putnam Convertible Opportunities and Income Trust 299,000 * 3,406 *
</TABLE>
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<TABLE>
<S> <C> <C> <C>
Putnam High Yield Fixed Income Fund, LLC 100,000 * 1,139 *
Putnam Income Fund 1,500,000 * 17,090 *
The George Putnam Fund of Boston 1,000,000 * 11,393 *
University of Rochester 108,000 * 1,230 *
</TABLE>
The following line items contained in the table set forth in the
Prospectus under the caption "Selling Securityholders" shall be deleted in their
entirety:
<TABLE>
<S> <C> <C> <C>
Bankers Trust International 5,000,000 1.61% 56,967 *
Calomos Investment Trust Calomos Convertible Fund 715,000 * 8,146 *
Champion International Corp. Master Retirement Trust 850,000 * 9,684 *
CIBC Oppenheimer 5,500,000 1.77% 62,663 *
Delta Airlines Master Trust 1,900,000 * 21,647 *
Helix Convertible Opportunities Fund, Ltd. 840,000 * 9,570 *
Helix Convertible Opportunities, L.P. 410,000 * 4,671 *
Kettering Medical Center Funded Depreciation Account 65,000 * 740 *
Port Authority of Allegheny County Retirement and Disability 1,025,000 * 11,678 *
Allowance Plan for Employers Represented by Local 85 of the
Amalgamated Transit Union
Putnam Balanced Retirement Fund 350,000 * 3,987 *
RJR Nabisco, Inc. Defined Benefit Master Trust 775,000 * 8,829 *
Shepard Management Services 40,000 * 455 *
Shepard Trading Limited 300,000 * 3,418 *
Simpson Group Retirement Fund (Mellon Bank Trustee) 230,000 * 2,620 *
The Common Fund FAO Absolute Return Fund 150,000 * 1,709 *
The Dow Chemical Company Employees Retirement Plan 1,425,000 * 16,235 *
</TABLE>
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<TABLE>
<S> <C> <C> <C>
The Fondren Foundation 60,000 * 683 *
Unifi, Inc. Profit Sharing Plan and Trust 135,000 * 1,538 *
United Food and Commercial Workers Local 1262 and Employers 350,000 * 3,987 *
Pension Fund
Worldwide Transactions, Ltd. 110,000 * 1,253 *
WR Investment Partners, L.P. 70,000 * 797 *
</TABLE>
The line items "BancAmerica Robertson Stephens, 5,540,000, 1.79%,
63,119, *,", "Bear Stearns Securities Corp., 4,250,000, *, 48,422, *,",
"Deutsche Morgan Grenfell, 1,020,000, *, 11,261, *,", "McMahon Securities,
200,000, *, 2,278,*", "Putnam Convertible Income -- Growth Trust, 6,050,000,
1.95%, 68,930, *,", "Putnam Funds Trust -- Putnam High Yield Total Return Fund,
15,000, *, 170, *,", "Putnam High Income Convertible and Bond Fund, 1,300,000,
*, 14,811, *,", "Putnam High Yield Advantage Fund, 5,000,000, 1.61%, 56,967,
*,", "Putnam High Yield Trust, 5,000,000, 1.61%, 56,967, *,", "Putnam Variable
Trust -- Putnam VT High Yield Fund, 1,000,000, *, 11,393, *" contained in the
table set forth in the Prospectus under the caption "Selling Securityholders"
shall be deleted in their entirety and replaced with the following:
<TABLE>
<S> <C> <C> <C> <C>
BancAmerica Robertson Stephens 2,040,000 * 23,242 *
Bear Stearns Securities Corp. 2,300,000 * 26,204 *
Deutsche Morgan Grenfell 16,790,000 * 191,245 *
McMahon Securities Company 540,000 * 6,152 *
Putnam Convertible Income Growth Trust 55,000 * 6,266 *
Putnam Funds Trust -- Putnam High Yield Total Return Fund 15,000 * 170 *
Putnam High Income Convertible and Bond Fund 300,000 * 3,418 *
Putnam High Yield Advantage Fund 5,000,000 * 56,967 *
Putnam High Yield Trust 4,000,000 * 45,573 *
Putnam Variable Trust -- Putnam VT High Yield 900,000 * 10,254 *
</TABLE>
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The last three line items contained in the table set forth in the Prospectus
under the caption "Selling Securityholders": "Any other holder . . . " , "Notes
Sold Under Registration Statement", and "Total . . . " (other than the footnotes
thereto, which remain unchanged), shall be deleted in their entirety and
replaced with the following:
<TABLE>
<S> <C> <C> <C>
Any other holder of Notes or future
transferee from any such holder (3)
Notes Sold Under $160,875,000 1,832,915
Registration Statement
Total $310,000,000 100% 3,531,929
</TABLE>
All information provided in this Prospectus Supplement is as of May 8, 1998.
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS MAY 14, 1998.
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