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LATTICE SEMICONDUCTOR CORP — Director's Dealing 2011
Aug 5, 2011
30613_dirs_2011-08-05_256df469-14db-4be0-b681-13919838f0cd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LATTICE SEMICONDUCTOR CORP (LSCC)
CIK: 0000855658
Period of Report: 2011-08-04
Reporting Person: Milstead Byron Wayne (Corp VP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-08-04 | Common Stock | M | 1400 | — | Acquired | 7697 | Direct |
| 2011-08-04 | Common Stock | F | 496 | $5.6 | Disposed | 7201 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-08-04 | Restricted Stock Unit (RSU) | $ | M | 1400 | Disposed | Common Stock (1400) | Direct |
Footnotes
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 amoun 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 Issuers common shares without payment of specific consideration.
F4: Grants of Restricted Stock Units (RSUs) vest as follows: 25% of the RSUs will vest on 8/4/2009 and an additional 6.25% of the RSUs vest each three months thereafter until 100% of the RSU grant is vested on 8/4/2012.
F5: 22,400 Restricted Stock Units (RSUs) were granted on 8/4/08 and vest, in whole shares as follows: 25% of the RSU grant shall vest on 8/4/09, and an additional 6.25% of the RSUs vest on each three months thereafter until 100% of the RSU grant is vested on 8/4/2012.