LATTICE SEMICONDUCTOR CORP — Director's Dealing 2017

Nov 6, 2017

SEC Form 4/A — Form 4/A

Issuer: LATTICE SEMICONDUCTOR CORP (LSCC)
CIK: 0000855658
Period of Report: 2017-10-18

Reporting Person: Billerbeck Darin G (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-10-18	Common Stock	M	574600	$4.86	Acquired	1018111	Direct
2017-10-18	Common Stock	F	531807	$5.73	Disposed	486304	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-18	Non-Qualified Stock Option (right to buy)	$4.86	M	574600	Disposed	2017-11-08	Common Stock (574600)	Direct
2017-10-18	Non-Qualified Stock Option (right to buy)	$5.73	A	256500	Acquired	2024-10-18	Common Stock (256500)	Direct
2017-10-18	Performance Non-Qualified Stock Option (right to buy)	$5.73	A	177900	Acquired	2024-10-18	Common Stock (177900)	Direct
2017-10-18	Restricted Stock Unit (RSU)	$0.0	A	210300	Acquired		Common Stock (210300)	Direct

Footnotes

F1: These shares were retained by the Issuer in order to meet the aggregate exercise price and tax withholding obligations of the Reporting Person in connection with the exercise of stock options that were scheduled to expire on November 8, 2017. The amount retained by the Issuer was not in excess of the amount of the tax liability. The Reporting Person retained the net shares obtained on the exercise.

F2: This option to purchase shares of common stock vested as follows: 25% of the total amount of shares subject to the option vested on 11/8/2011. 6.25% of the total amount of the shares subject to the option vested in each of the three months thereafter until all shares vested on 11/8/2014.

F3: This option to purchase shares of common stock becomes exercisable over a three and half year period where in 1/14th of the total shares granted vest on each quarterly anniversary of the grant date.

F4: Grants of Performance Options vest as follows: 100% on the second anniversary of the grant date upon achievement of the performance conditions.

F5: Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuers common shares without payment of specific consideration.

F6: This grant of 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 7.5% of the RSUs vest each three months thereafter until 100% of the RSU grant is vested.

F7: Not applicable.