LATTICE SEMICONDUCTOR CORP — Director's Dealing 2011

Aug 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LATTICE SEMICONDUCTOR CORP (LSCC)
CIK: 0000855658
Period of Report: 2011-08-05

Reporting Person: Milstead Byron Wayne (Corp VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-05	Common Stock	M	8125	$1.98	Acquired	15326	Direct
2011-08-05	Common Stock	S	8125	$5.66	Disposed	7201	Direct
2011-08-05	Common Stock	M	16668	$2.32	Acquired	23869	Direct
2011-08-05	Common Stock	S	16668	$5.66	Disposed	7201	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-05	Non-Qualified Stock Option (right to buy)	$1.98	M	8125	Disposed	2016-11-03	Common Stock (8125)	Direct
2011-08-05	Non-Qualified Stock Option (right to buy)	$2.32	M	16668	Disposed	2015-08-04	Common Stock (16668)	Direct

Footnotes

F1: The transaction indicated was conducted under an approved 10b5-1 Plan.

F2: This option to purchase shares of common stock becomes exercisable over a four year period where in 1/16th (6.25%) of the total shares granted vest on each quarterly anniversary of the grant date.

F3: This option to purchase shares of common stock vests as follows: 25% of the total amount of shares subject to the option shall vest on 8/4/2009. 6.25% of the total amount of the shares subject to the option shall vest each three months thereafter until all shares are vested on 8/4/2012.