MARK JON NELSON - 14 Aug 2023 Form 4 Insider Report for LATTICE SEMICONDUCTOR CORP (LSCC)

Role
SVP, Sales
Signature
/s/ Tracy Feanny, Attorney in Fact For: Mark Jon Nelson
Issuer symbol
LSCC
Transactions as of
14 Aug 2023
Net transactions value
-$160,110
Form type
4
Filing time
16 Aug 2023, 13:12:44 UTC
Previous filing
07 Aug 2023
Next filing
22 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSCC Common Stock Options Exercise $0 +1,820 +5.5% $0.000000 34,946 14 Aug 2023 Direct F1
transaction LSCC Common Stock Tax liability $79,762 -903 -2.6% $88.33 34,043 14 Aug 2023 Direct F2
transaction LSCC Common Stock Sale $80,348 -917 -2.7% $87.62 33,126 15 Aug 2023 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LSCC Restricted Stock Unit (RSU) Options Exercise $0 -1,820 -5.4% $0.000000 32,121 14 Aug 2023 Common Stock 1,820 $0.000000 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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 The transaction indicated was conducted under an approved 10b5-1 Plan, adoption date of referenced 10b5-1(c) plan is: 08-18-2022.
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 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.
F6 Not applicable.