Lattice Semiconductor (NASDAQ: LSCC) director receives 1,752-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lattice Semiconductor director Mark Edwin Jensen reported a stock-based compensation award and updated share holdings. He received a grant of 1,752 shares of Common Stock at no cost as a grant/award acquisition, structured as Restricted Stock Units that vest 100% on the first anniversary of the grant date. Following this award, he holds 43,260 shares directly. Separately, 59,342 shares are held indirectly through Genesis Property, LLC, where he is the sole manager and holds 100 Class A units, while 9,900 Class B units are held by The Jensen Family 2023 Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jensen Mark Edwin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,752 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 43,260 shares (Direct, null);
Common Stock — 59,342 shares (Indirect, Held by Genesis Property, LLC)
Footnotes (1)
- The Restricted Stock Units (RSUs) vest 100% on the first anniversary of the Grant Date. The shares are held by Genesis Property, LLC ("Genesis LLC"), of which the Reporting Person is the sole manager. The outstanding membership interests of Genesis LLC are comprised of 100 Class A units (held by the reporting person) and 9,900 Class B units (held by The Jensen Family 2023 Irrevocable Trust (the "Trust")).
Key Figures
RSU grant size: 1,752 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 43,260 shares
+3 more
6 metrics
RSU grant size
1,752 shares
Grant/award acquisition of Common Stock
Grant price per share
$0.0000 per share
Stock-based award, not open-market purchase
Direct holdings after grant
43,260 shares
Common Stock held directly by Jensen after transaction
Indirect holdings via Genesis Property, LLC
59,342 shares
Common Stock held indirectly through Genesis Property, LLC
Genesis LLC Class A units
100 units
Membership interests in Genesis Property, LLC held by Jensen
Genesis LLC Class B units
9,900 units
Membership interests in Genesis Property, LLC held by family trust
Key Terms
Restricted Stock Units (RSUs), grant/award acquisition, indirect ownership, Irrevocable Trust, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"The Restricted Stock Units (RSUs) vest 100% on the first anniversary"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
indirect ownership financial
"ownership_type": "indirect""
Irrevocable Trust financial
"The Jensen Family 2023 Irrevocable Trust (the "Trust")"
membership interests financial
"The outstanding membership interests of Genesis LLC are comprised of 100 Class A units"
An ownership stake in a limited liability company (LLC) that represents a holder’s share of the business’s profits, losses, and decision-making power. Think of it like a slice of the company’s pie and a seat at its management table: it determines how much money the owner can receive and how much influence they have over company choices. Investors care because these interests affect returns, control, transferability, and tax treatment.
FAQ
What insider transaction did Lattice Semiconductor (LSCC) report for Mark Edwin Jensen?
Lattice Semiconductor director Mark Edwin Jensen reported a grant of 1,752 shares of Common Stock as a stock-based award. The grant was made at a price of $0.0000 per share and represents compensation, not an open-market purchase or sale.
What are the vesting terms of Mark Edwin Jensen’s new Lattice Semiconductor RSUs?
The Restricted Stock Units granted to Mark Edwin Jensen vest 100% on the first anniversary of the grant date. This means no shares vest immediately; the entire 1,752-share award becomes fully vested after one year, subject to the stated vesting condition.
How are Genesis Property, LLC and The Jensen Family 2023 Irrevocable Trust involved in LSCC share ownership?
Genesis Property, LLC holds 59,342 Lattice Semiconductor shares. The filing states Jensen is the sole manager and owns 100 Class A units, while The Jensen Family 2023 Irrevocable Trust owns 9,900 Class B units, defining how economic interests are split between Jensen and the trust.