LATTICE SEMICONDUCTOR CORP — Director's Dealing 2023

Nov 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LATTICE SEMICONDUCTOR CORP (LSCC)
CIK: 0000855658
Period of Report: 2023-11-03

Reporting Person: Feanny Tracy Ann (SVP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-03	Common Stock	M	554	—	Acquired	2757	Direct
2023-11-03	Common Stock	F	218	$57.63	Disposed	2539	Direct
2023-11-03	Common Stock	M	5906	—	Acquired	8445	Direct
2023-11-03	Common Stock	F	2325	$57.63	Disposed	6120	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-03	Restricted Stock Unit (RSU)	$	M	554	Disposed		Common Stock (554)	Direct
2023-11-03	Performance Restricted Stock Unit (PRSU)	$	M	5906	Disposed		Common Stock (5906)	Direct

Footnotes

F1: Restricted Stock Units (RSUs) - 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: Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuer's common stock without payment of specific consideration.

F4: 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.

F5: Not applicable.

F6: On November 3, 2023, the Compensation Committee of the Issuer's Board of Directors determined that 200% of the performance conditions, pertaining to the second tranche of shares subject to the Performance Restricted Stock Units (PRSUs) granted November 3, 2021 and scheduled to vest on November 3, 2023, had been achieved, resulting in the vesting and release of 5,906 shares. As the number of outstanding PRSUs following such second tranche vesting is not currently determinable, the share amount set forth in column 9 is zero as the number of shares subject to the third tranche of shares scheduled to vest on November 3, 2024 can range from zero shares (at 0%) to 5,908 shares (at 200%) depending on the level of achievement of the performance conditions.