James Robert Anderson - Aug 2, 2022 Form 4 Insider Report for LATTICE SEMICONDUCTOR CORP (LSCC)

Role
President & CEO, Director
Signature
James R Anderson
Stock symbol
LSCC
Transactions as of
Aug 2, 2022
Transactions value $
-$3,379,554
Form type
4
Date filed
8/4/2022, 09:26 PM
Previous filing
May 24, 2022
Next filing
Aug 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSCC Common Stock Options Exercise $0 +7.04K +0.93% $0.00 765K Aug 2, 2022 Direct F1, F2
transaction LSCC Common Stock Tax liability -$236K -3.71K -0.48% $63.59 762K Aug 2, 2022 Direct F3
transaction LSCC Common Stock Options Exercise $0 +93.9K +12.33% $0.00 855K Aug 2, 2022 Direct F1
transaction LSCC Common Stock Tax liability -$3.14M -49.4K -5.78% $63.59 806K Aug 2, 2022 Direct F3

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 -93.9K -74.02% $0.00 33K Aug 2, 2022 Common Stock 93.9K $0.00 Direct F4, F5, F6
transaction LSCC Restricted Stock Unit (RSU) Options Exercise $0 -7.04K -9.03% $0.00 71K Aug 2, 2022 Common Stock 7.04K $0.00 Direct F4, F6, F7
* 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 The total beneficial ownership of shares includes 318 shares acquired on June 30, 2022 under the Issuer's 01/01/2022 Employee Stock Purchase Plan.
F3 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.
F4 Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuer's common stock without payment of specific consideration.
F5 Performance Restricted Stock Units (PRSUs) vest as follows: one-third of the PRSUs will vest on each anniversary of the date of grant, subject to the achievement of certain performance conditions.
F6 Not applicable.
F7 Grants of Restricted Stock Units (RSUs) vest as follows: 25% of the RSUs will vest on the first anniversary of the date of grant, and an additional 6.25% of the RSUs shall vest at the end of each three month period thereafter.