Form 4: Lattice Semiconductor Director Dallara Que Reports Acquisition of Restricted Stock Units

Director Dallara Que reports acquisition of 2,671 Restricted Stock Units (RSUs) in Lattice Semiconductor Corp.

Summary

• On May 6, 2024, Dallara Que, a director of Lattice Semiconductor Corp, acquired 2,671 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of Lattice Semiconductor's common stock without specific consideration.
• These RSUs vest 100% on May 6, 2025.
• Following the reported transaction, Dallara Que directly owns 4,292 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an RSU grant, which is a standard compensation practice. It doesn't inherently indicate positive or negative performance, but rather aligns the director's interests with the company's long-term success.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The vesting of RSUs in May 2025 could potentially increase the number of outstanding shares, but the impact would depend on the overall equity structure and any offsetting factors.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in the company's stock. This particular filing indicates a director's acquisition of RSUs, which is a common form of equity compensation.

Comparison to Industry Standards

• Equity compensation in the form of RSUs is a standard practice among publicly traded technology companies like Lattice Semiconductor.
• Comparable companies such as Xilinx (now part of AMD) and Altera (now part of Intel) also utilize RSUs as part of their executive compensation packages.
• The vesting schedule of one year is relatively standard for RSU grants.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of the shareholders, as the value of the RSUs is tied to the company's stock performance.

Key Dates