Byron W Milstead - 04 Sep 2021 Form 4 Insider Report for LATTICE SEMICONDUCTOR CORP (LSCC)

Role: VP Corp, General Counsel
Signature: Byron W Milstead
Issuer symbol: LSCC
Transactions as of: 04 Sep 2021
Net transactions value: -$490,432
Form type: 4
Filing time: 10 Sep 2021, 13:09:21 UTC
Previous filing: 18 Aug 2021
Next filing: 05 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LSCC	Common Stock	Options Exercise	$0	+1,862	+183%	$0.000000	2,881	04 Sep 2021	Direct	F1
transaction	LSCC	Common Stock	Sale	$56,952	-903	-31%	$63.07	1,978	04 Sep 2021	Direct	F2
transaction	LSCC	Common Stock	Options Exercise	$0	+14,184	+717%	$0.000000	16,162	04 Sep 2021	Direct	F1
transaction	LSCC	Common Stock	Sale	$433,480	-6,873	-43%	$63.07	9,289	04 Sep 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LSCC	Performance Restricted Stock Unit (PRSU)	Options Exercise	$0	-14,184	-46%	$0.000000	16,677	04 Sep 2021	Common Stock	14,184	$0.000000	Direct	F3, F4, F5
transaction	LSCC	Restricted Stock Unit (RSU)	Options Exercise	$0	-1,862	-3.3%	$0.000000	55,408	04 Sep 2021	Common Stock	1,862	$0.000000	Direct	F3, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units - no purchase price for this transaction.
F2	These shares were retained by the Issuer in order to meet the tax withholding obligations of the Reporting Person in connection with the vesting of an installment of the restricted stock units. The amount retained by the Issuer was not in excess of the amount of the tax liability.
F3	Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuers common shares without payment of specific consideration.
F4	Grants of Performance Restricted Stock Units vest as follows: one-third on each of 9/30/19, 9/30/2020 and 9/30/2021 upon achievement of the performance conditions.
F5	Not applicable.
F6	This grant of Restricted Stock Units (RSUs) vest as follows: 25% of the RSUs will vest upon the one-year anniversary of the grant date and an additional 6.25% of the RSUs vest each three months thereafter until 100% of the RSU grant is vested.