Tracy Ann Feanny - 03 Nov 2022 Form 4 Insider Report for LATTICE SEMICONDUCTOR CORP (LSCC)

Role: SVP, General Counsel
Signature: Tracy Feanny
Issuer symbol: LSCC
Transactions as of: 03 Nov 2022
Net transactions value: -$178,321
Form type: 4
Filing time: 07 Nov 2022, 18:48:38 UTC
Previous filing: 23 Feb 2022
Next filing: 06 Feb 2023
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	+2,215		$0.000000	2,215	03 Nov 2022	Direct	F1
transaction	LSCC	Common Stock	Tax liability	$27,216	-540	-24%	$50.40	1,675	03 Nov 2022	Direct	F2
transaction	LSCC	Common Stock	Options Exercise	$0	+2,790	+167%	$0.000000	4,465	03 Nov 2022	Direct	F1
transaction	LSCC	Common Stock	Tax liability	$34,272	-680	-15%	$50.40	3,785	03 Nov 2022	Direct	F2
transaction	LSCC	Common Stock	Sale	$61,266	-1,173	-31%	$52.23	2,612	04 Nov 2022	Direct	F3
transaction	LSCC	Common Stock	Sale	$55,567	-1,055	-40%	$52.67	1,557	07 Nov 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	-2,790	-31%	$0.000000	6,070	03 Nov 2022	Common Stock	2,790	$0.000000	Direct	F4, F5, F6
transaction	LSCC	Restricted Stock Unit (RSU)	Options Exercise	$0	-2,215	-18%	$0.000000	10,071	03 Nov 2022	Common Stock	2,215	$0.000000	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	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	The transaction indicated was conducted under an approved 10b5-1 Plan.
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	On November 3, 2022, the Compensation Committee of the Board of Directors of the Issuer determined that 94.47% of the performance conditions, pertaining to the first tranche of shares subject to the Performance Restricted Stock Units granted November 3, 2021 and scheduled to vest on November 3, 2022, had been achieved, resulting in the vesting and release of 2,790 shares and the forfeiture of 163 shares which did not vest.
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.