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LATTICE SEMICONDUCTOR CORP — Director's Dealing 2016
Apr 14, 2016
30613_dirs_2016-04-14_25f30bf0-6e0f-4d3a-956e-4d2f20289b25.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: LATTICE SEMICONDUCTOR CORP (LSCC)
CIK: 0000855658
Period of Report: 2016-04-02
Reporting Person: Downing Maxwell J (Interim CFO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 11889 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $3.54 | 2019-08-02 | Common Stock (6563) | Direct | |
| Non-Qualified Stock Option (right to buy) | $5.4 | 2020-03-25 | Common Stock (25305) | Direct | |
| Non-Qualified Stock Option (right to buy) | $5.85 | 2022-07-09 | Common Stock (34996) | Direct | |
| Non-Qualified Stock Option (right to buy) | $7.54 | 2021-03-21 | Common Stock (21897) | Direct | |
| Restricted Stock Unit (RSU) | $0.0 | Common Stock (21395) | Direct |
Footnotes
F1: This option to purchase shares of common stock vests as follows: 25% of the total amount of shares subject to the option shall vest upon the one-year anniversary of the grant date, 6.25% of the total amount of the shares subject to the option shall vest each three months thereafter until all shares are vested.
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: The number of Restricted Stock Units (RSUs) represents the total outstanding unvested balance of the Reporting Person's Restricted Stock Units as of April 2, 2016. The Restricted Stock Units (RSUs) vest as follows: 25% of the RSUs will vest upon the one-year anniversary of the grant date and an additional 6.25% of the RSUs vest each three months thereafter until 100% of the RSU grant is vested.
F4: Not applicable.
F5: Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuers common shares without payment of specific consideration.