Form 4: Lattice Semiconductor Director Douglas Bettinger Reports Stock Transactions

Director Douglas Bettinger reports the vesting and disposal of Restricted Stock Units (RSUs) in Lattice Semiconductor.

Summary

• On May 8, 2024, Douglas R. Bettinger, a director of Lattice Semiconductor Corp, reported transactions involving Restricted Stock Units (RSUs).
• Bettinger acquired 2,246 shares of common stock through the vesting of RSUs at a price of $0.
• Simultaneously, Bettinger disposed of 3,299 shares of common stock.
• Following these transactions, Bettinger directly owns 2,671 derivative securities and 3,299 shares of common stock.
• The RSUs vest 100% on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard reporting of insider transactions, with no inherent positive or negative implications for the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders, like directors, trade in their company's stock. It provides transparency to the market regarding the transactions of those with privileged information.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.
• The vesting of RSUs is part of the director's compensation package.

Key Dates