Form 4: Lattice Semiconductor Director Dallara Que Reports Stock Unit Vesting
SEC Form 4 Filing
Director Dallara Que reports vesting of Restricted Stock Units (RSUs) in Lattice Semiconductor Corp.
Summary
- On May 8, 2024, Dallara Que, a director of Lattice Semiconductor Corp, had 1,621 Restricted Stock Units (RSUs) vest.
- These RSUs convert into 1,621 shares of Lattice Semiconductor's common stock.
- Following the transaction, Que Dallara directly owns 2,671 derivative securities.
- The vesting of the RSUs occurred on May 8, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding the vesting of stock units, which is neither particularly positive nor negative.
Positives
- The vesting of RSUs indicates that performance milestones or time-based conditions have been met.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The vesting of RSUs is a common form of equity compensation.
Stakeholder Impact
- The vesting of RSUs dilutes existing shareholders' equity slightly.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of RSU vesting and transaction. |
| 05/09/2024 | Date of signature on the Form 4 filing. |
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