Form 4: Lattice Semiconductor SVP, General Counsel Tracy Ann Feanny Reports Stock Transactions
SEC Form 4 Filing
Tracy Ann Feanny, SVP, General Counsel of Lattice Semiconductor, reports the vesting of restricted stock units and subsequent tax withholding, resulting in a net change in her beneficial ownership of company stock.
Summary
- On January 31, 2025, Tracy Ann Feanny, SVP, General Counsel of Lattice Semiconductor Corp, reported transactions involving common stock and Performance Restricted Stock Units (PRSUs).
- Feanny acquired 9,271 shares of common stock upon the vesting of PRSUs.
- 2,390 shares were withheld by the issuer to cover tax obligations related to the vesting of the restricted stock units at a price of $57.02 per share.
- Following these transactions, Feanny directly owns 79,885 shares of Lattice Semiconductor Corp.
- The PRSUs vest 13 months after the end of the associated measurement period, contingent upon achieving specific performance conditions.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The vesting of PRSUs is subject to the achievement of certain performance conditions, with the vesting occurring 13 months after the end of the associated measurement period.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives and their alignment with shareholder interests.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company insider, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of the reported transactions: vesting of restricted stock units and tax withholding. |
| 02/04/2025 | Date of signature of the Form 4 filing. |
Keywords
Lattice Semiconductor, LSCC, Form 4, Beneficial Ownership, Tracy Ann Feanny, Restricted Stock Units, PRSUs, Tax Withholding, Insider Trading
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