SEC Form 4 · accession 0000855658-15-000154
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
Nov 30, 2015
Accepted (ET)
Dec 2, 2015 · 7:28 pm EST
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 | Nov 30, 2015 | M | 7,357 | $5.40 | A | 21,684 | D | |
| Common StockF1 | Nov 30, 2015 | S | 7,357 | $6.254 | D | 14,327 | 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)F2 | $5.40 | Nov 30, 2015 | M | 7,357 | D | Jun 25, 2013 | Mar 25, 2020 | Common Stock | 7,357 | 31,343 | 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 $6.25 to $6.26.
- F2This 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.