James Robert Anderson - Feb 14, 2023 Form 4 Insider Report for LATTICE SEMICONDUCTOR CORP (LSCC)

Role
President & CEO, Director
Signature
By: Tracy Feanny, Attorney in Fact For: James R Anderson
Stock symbol
LSCC
Transactions as of
Feb 14, 2023
Transactions value $
-$7,109,731
Form type
4
Date filed
2/16/2023, 03:18 PM
Previous filing
Feb 3, 2023
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSCC Common Stock Options Exercise $0 +5.69K +0.7% $0.00 816K Feb 14, 2023 Direct F1
transaction LSCC Common Stock Tax liability -$267K -3K -0.37% $89.27 813K Feb 14, 2023 Direct F2
transaction LSCC Common Stock Options Exercise $0 +146K +17.91% $0.00 958K Feb 14, 2023 Direct F1
transaction LSCC Common Stock Tax liability -$6.84M -76.6K -8% $89.27 882K Feb 14, 2023 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) Award $0 +87.3K +150% $0.00 146K Feb 14, 2023 Common Stock 87.3K $0.00 Direct F3, F4, F5
transaction LSCC Performance Restricted Stock Unit (PRSU) Options Exercise $0 -146K -100% $0.00* 0 Feb 14, 2023 Common Stock 146K $0.00 Direct F3, F4, F5
transaction LSCC Restricted Stock Unit (RSU) Options Exercise $0 -5.69K -4.74% $0.00 114K Feb 14, 2023 Common Stock 5.69K $0.00 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 Issuer's common stock without payment of specific consideration.
F4 Performance Restricted Stock Units (PRSUs) vest as follows: one-half of the PRSUs will vest on the two year anniversary of the date of grant, and the remaining one-half will vest on the three year anniversary of the date of grant, subject to the achievement of certain performance conditions.
F5 Not applicable.
F6 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.