LSCC executive reports tax withholding share disposition
Lattice Semiconductor senior vice president of R&D Pravin Desale reported a tax-related share disposition.
Rhea-AI Filing Summary
Lattice Semiconductor senior vice president of R&D Pravin Desale reported a tax-related share disposition. On an installment vesting of restricted stock units, the company retained 1,842 shares of common stock at $95.62 per share to satisfy his tax withholding obligations, rather than an open-market sale. After this withholding, Desale beneficially owned 80,826 shares of Lattice Semiconductor common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,842 shares
Exercise Price or Tax Liability
1 txn
Insider
Desale Pravin
Role
SVP, R&D
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,842 | $95.62 | $176K |
Holdings After Transaction:
Common Stock — 80,826 shares (Direct)
Footnotes (1)
- F1. These shares were retained by the Issuer in order to meet the tax withholding obligations of the Reporting Person in connection with the vesting of an installment of the restricted stock units. The amount retained by the Issuer was not in excess of the amount of the tax liability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lattice Semiconductor (LSCC) executive Pravin Desale report on this Form 4?
Pravin Desale reported a tax-related share disposition. Lattice Semiconductor retained 1,842 shares of common stock from a vesting restricted stock unit installment to cover his tax withholding obligations, rather than selling shares in the open market.
What does transaction code "F" mean in the LSCC Form 4 for Pravin Desale?
Transaction code “F” indicates a tax-withholding disposition. In this LSCC filing, it shows the issuer retained 1,842 vested shares from Pravin Desale to pay required taxes, rather than him receiving all shares and then selling separately.
AI-generated analysis. How Rhea-AI works. Not financial advice.