Sherri R. Luther - Jan 31, 2024 Form 4 Insider Report for LATTICE SEMICONDUCTOR CORP (LSCC)

Role
SVP, CFO
Signature
/s/ Tracy Feanny, Attorney in Fact For: Sherri R. Luther
Stock symbol
LSCC
Transactions as of
Jan 31, 2024
Transactions value $
-$741,031
Form type
4
Date filed
2/2/2024, 01:08 PM
Previous filing
Nov 20, 2023
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSCC Common Stock Options Exercise $0 +28.5K +25.25% $0.00 141K Jan 31, 2024 Direct F1, F2
transaction LSCC Common Stock Tax liability -$741K -12.2K -8.61% $60.86 129K Jan 31, 2024 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 -28.5K -100% $0.00* 0 Jan 31, 2024 Common Stock 28.5K $0.00 Direct F4, 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 (RSUs) - no purchase price for this transaction.
F2 The total beneficial ownership of shares includes 1 share acquired on December 31, 2023 under the Issuer's 2012 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: the PRSUs will vest 13 months after the end of the associated measurement period, subject to the achievement of certain performance conditions.
F6 Not applicable.