SEC Form 4 · accession 0000855658-15-000100
LATTICE SEMICONDUCTOR CORP · LSCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Byron Wayne Milstead
Officer — VP Corp, General Counsel
Period of report
May 26, 2015
Accepted (ET)
May 27, 2015 · 3:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000855658
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 26, 2015 | M | 6,488 | $5.40 | A | 29,136 | D | |
| Common StockF1 | May 26, 2015 | S | 6,488 | $5.9816 | D | 22,648 | D | |
| Common StockF2 | May 26, 2015 | S | 11,686 | $5.977 | D | 10,962 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $5.40 | May 26, 2015 | M | 6,488 | D | Jun 25, 2013 | Mar 25, 2020 | Common Stock | 6,488 | 38,700 | D |
Explanation of responses
- F1The price indicated is the weighted average sale price for the shares sold. The individual sale prices for the shares indicated range from $5.95 to $6.03.
- F2The price indicated is the weighted average sale price for the shares sold. The individual sale prices for the shares indicated range from $5.95 to $6.01.
- F3This 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.