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LATTICE SEMICONDUCTOR CORP — Director's Dealing 2022
Nov 8, 2022
30613_dirs_2022-11-07_9bf8a764-472a-482c-888e-031a30f6bb69.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: 2022-11-03
Reporting Person: Feanny Tracy Ann (SVP, General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-03 | Common Stock | M | 2215 | $0.0 | Acquired | 2215 | Direct |
| 2022-11-03 | Common Stock | F | 540 | $50.4 | Disposed | 1675 | Direct |
| 2022-11-03 | Common Stock | M | 2790 | $0.0 | Acquired | 4465 | Direct |
| 2022-11-03 | Common Stock | F | 680 | $50.4 | Disposed | 3785 | Direct |
| 2022-11-04 | Common Stock | S | 1173 | $52.23 | Disposed | 2612 | Direct |
| 2022-11-07 | Common Stock | S | 1055 | $52.67 | Disposed | 1557 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-03 | Performance Restricted Stock Unit (PRSU) | $0.0 | M | 2790 | Disposed | Common Stock (2790) | Direct | |
| 2022-11-03 | Restricted Stock Unit (RSU) | $0.0 | M | 2215 | Disposed | Common Stock (2215) | 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 amount retained by the Issuer was not in excess of the amount of the tax liability.
F3: The transaction indicated was conducted under an approved 10b5-1 Plan.
F4: Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuer's common stock without payment of specific consideration.
F5: On November 3, 2022, the Compensation Committee of the Board of Directors of the Issuer determined that 94.47% of the performance conditions, pertaining to the first tranche of shares subject to the Performance Restricted Stock Units granted November 3, 2021 and scheduled to vest on November 3, 2022, had been achieved, resulting in the vesting and release of 2,790 shares and the forfeiture of 163 shares which did not vest.
F6: Not applicable.
F7: 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.