Mark Jon Nelson - Aug 2, 2022 Form 4 Insider Report for LATTICE SEMICONDUCTOR CORP (LSCC)

Role
SVP, Sales
Signature
By: Tracy Feanny, Attorney in Fact For: Mark J Nelson
Stock symbol
LSCC
Transactions as of
Aug 2, 2022
Transactions value $
-$690,842
Form type
4
Date filed
8/4/2022, 09:33 PM
Previous filing
Jul 11, 2022
Next filing
Aug 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSCC Common Stock Options Exercise $0 +1.88K +4.77% $0.00 41.2K Aug 2, 2022 Direct F1, F2
transaction LSCC Common Stock Tax liability -$59.3K -932 -2.26% $63.59 40.3K Aug 2, 2022 Direct F3
transaction LSCC Common Stock Options Exercise $0 +20K +49.69% $0.00 60.3K Aug 2, 2022 Direct F1
transaction LSCC Common Stock Tax liability -$632K -9.93K -16.46% $63.59 50.4K 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 -20K -29.88% $0.00 47K Aug 2, 2022 Common Stock 20K $0.00 Direct F4, F5, F6
transaction LSCC Restricted Stock Unit (RSU) Options Exercise $0 -1.88K -1.48% $0.00 125K Aug 2, 2022 Common Stock 1.88K $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.