Lattice Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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HILLSBORO, Ore.--(BUSINESS WIRE)-- Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, the low power programmable leader, announced that the Compensation Committee of Lattice’s Board of Directors approved on July 27, 2026, the grant of restricted stock unit awards covering an aggregate of 444,588 shares of its common stock to 45 new employees under Lattice’s 2025 Inducement Equity Incentive Plan. Each award was granted as an inducement material to the employee's commencement of employment in connection with Lattice’s acquisition of AMI and pursuant to Nasdaq Listing Rule 5635(c)(4).
The restricted stock unit awards will vest over two years, with fifty percent (50%) vesting on the first anniversary of the closing of the acquisition and the remaining fifty percent (50%) vesting on the second anniversary of the closing of the acquisition, subject to the recipient continuing to provide services on the applicable vesting date and subject to any accelerated vesting provisions contained in any letter agreement between the recipient and Lattice. Each award is subject to the terms and conditions of Lattice’s 2025 Inducement Equity Incentive Plan and the grant agreements covering the awards.
About Lattice Semiconductor
Lattice Semiconductor (NASDAQ: LSCC) is the low power programmable leader. We solve customer challenges from the Edge to the Cloud, in the growing Compute, Communications, Industrial, and Embedded markets. With the addition of AMI's industry-leading, silicon-neutral platform firmware and infrastructure manageability solutions, Lattice now delivers the industry's most complete secure management and control platform for cloud and AI data center infrastructure. Our technology, long-standing relationships, and commitment to world-class support let our customers quickly and easily unleash their innovation to create a smart, secure, and connected world. For more information about Lattice, please visit www.latticesemi.com and follow us via LinkedIn, X, YouTube, Facebook, WeChat, and Weibo.
Lattice Semiconductor Corporation, Lattice Semiconductor (& design), and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries. The use of the word “partner” does not imply a legal partnership between Lattice and any other entity.
GENERAL NOTICE: Other product names used in this publication are for identification purposes only and may be trademarks of their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260730646465/en/
MEDIA CONTACT:
Sophia Hong
Lattice Semiconductor
503-268-8786
[email protected]
INVESTOR CONTACT:
Rick Muscha
Lattice Semiconductor
408-826-6000
[email protected]
Source: Lattice Semiconductor
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