Tracy Feanny - Nov 3, 2024 Form 4 Insider Report for LATTICE SEMICONDUCTOR CORP (LSCC)

Role
SVP, General Counsel
Signature
/s/ Tracy Feanny
Stock symbol
LSCC
Transactions as of
Nov 3, 2024
Transactions value $
-$63,665
Form type
4
Date filed
11/5/2024, 07:21 PM
Previous filing
Aug 20, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSCC Common Stock Options Exercise $0 +554 +4.27% $0.00 13.5K Nov 3, 2024 Direct F1
transaction LSCC Common Stock Tax liability -$11.4K -218 -1.61% $52.27 13.3K Nov 3, 2024 Direct F2
transaction LSCC Common Stock Options Exercise $0 +2.54K +19.11% $0.00 15.8K Nov 3, 2024 Direct F1
transaction LSCC Common Stock Tax liability -$52.3K -1K -6.31% $52.27 14.8K Nov 3, 2024 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 Restricted Stock Unit (RSU) Options Exercise $0 -554 -20.01% $0.00 2.22K Nov 3, 2024 Common Stock 554 Direct F3, F4, F5
transaction LSCC Performance Restricted Stock Unit (PRSU) Options Exercise $0 -2.54K -100% $0.00 0 Nov 3, 2024 Common Stock 2.54K 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 represents a right to receive one share of the Issuer's common stock without payment of specific consideration.
F4 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.
F5 Not applicable.
F6 On November 3, 2024, the Compensation Committee of the Issuer's Board of Directors determined that 86.01% of the performance conditions, pertaining to the third and final tranche of shares subject to the Performance Restricted Stock Units granted November 3, 2021 and scheduled to vest on November 3, 2024, had been achieved, resulting in the vesting and release of 2,541 shares.