Form 4: Lattice Semiconductor Executive Mark Nelson Reports Stock Transactions

SVP of Sales at Lattice Semiconductor, Mark Nelson, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• Mark Nelson, SVP of Sales at Lattice Semiconductor, reported transactions involving company stock on November 19, 2024.
• These transactions include the vesting of 713 restricted stock units (RSUs) and the subsequent withholding of 362 shares to cover tax obligations.
• The vesting of the RSUs did not involve a purchase price, and each RSU represents one share of common stock.
• Following these transactions, Nelson directly owns 16,129 shares of Lattice Semiconductor common stock.

Sentiment

Score: 7

Explanation: The document is a routine filing of stock transactions, which is neither positive nor negative. It is a neutral event that is expected as part of executive compensation.

Industry Context

This is a routine SEC Form 4 filing, which is common for executives who receive stock-based compensation. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• The vesting schedule of 25% on the first anniversary and 6.25% quarterly thereafter is a fairly standard vesting schedule for RSU grants in the technology industry.
• Tax withholding on vesting is a common practice to cover the tax liability of the employee.
• Other semiconductor companies such as AMD, Nvidia, and Intel also have similar stock-based compensation plans for their executives.

Stakeholder Impact

• The transactions have a minor impact on the total outstanding shares of the company.
• The filing provides transparency to shareholders regarding executive compensation.

Key Dates

Keywords

Lattice Semiconductor, stock transaction, restricted stock units, RSU, insider trading, executive compensation, Form 4, SEC filing