Lattice Semiconductor Corporation (NASDAQ:LSCC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Corporation (the Company) approved the Lattice Semiconductor
Corporation amended 2013 Incentive Plan (the Amended 2013 Plan) at
the annual meeting of stockholders (the Annual Meeting). The
Amended 2013 Plan was previously approved by the Board, upon
recommendation by the Compensation Committee (the Committee),
subject to stockholder approval at the Annual Meeting.
8,340,000 shares to 14,040,000 shares) the number of shares of our
common stock available for issuance under the Plan. Unless sooner
terminated by the Board or the Committee, the Amended 2013 Plan
will terminate on May 1, 2023.
39-43 of the Companys definitive Proxy Statement on Schedule 14A
filed on April 28, 2017, which description is incorporated herein
by reference. The summary does not purport to be complete and is
qualified in its entirety by reference to the full text of the 2013
Plan, which was attached as Annex A to such definitive Proxy
Statement and is incorporated herein by reference.
Director Equity Incentive Plan
Lattice Semiconductor Corporation amended 2011 Non-Employee
Director Equity Incentive Plan (the Amended Director Plan) at the
Annual Meeting. The Amended Director Plan was previously approved
by the Board, upon recommendation by the Committee, subject to
stockholder approval at the Annual Meeting.
increase by 300,000 shares (from 1,410,000 shares to 1,710,000
shares) the number of shares of common stock available for issuance
under the Amended Director Plan. Unless sooner terminated by the
Board or the Committee, the Amended Director Plan will terminate on
May 1, 2021.
pages 47-49 of the Companys definitive Proxy Statement on Schedule
14A filed on April 28, 2017, which description is incorporated
herein by reference. The summary does not purport to be complete
and is qualified in its entirety by reference to the full text of
the Amended Director Plan, which was attached as Annex B to such
definitive Proxy Statement and is incorporated herein by reference.
Corporation (the “Company”) was held on Wednesday, May 31, 2017,
in Portland, Oregon. Stockholders representing 109,859,359 shares,
or 90.01%>of the outstanding shares as of the April 11, 2017
record date, were present in person or were represented at the
meeting by proxy. The final results of voting for each matter
submitted to a vote of stockholders at the meeting are as follows.
Each of the eight nominees for director was elected for a term of
one year, and the voting results are set forth below:
|
Nominee
|
For
|
Withheld
|
Abstain
|
Broker Non-Votes
|
|
Darin G. Billerbeck
|
94,176,643
|
667,949
|
15,014,767
|
|
|
Robin A. Abrams
|
82,753,735
|
12,090,857
|
15,014,767
|
|
|
Brian M. Beattie
|
93,759,732
|
1,084,860
|
15,014,767
|
|
|
John Bourgoin
|
93,791,963
|
1,052,629
|
15,014,767
|
|
|
Robert R. Herb
|
93,047,407
|
1,797,185
|
15,014,767
|
|
|
Mark E. Jensen
|
94,194,384
|
650,208
|
15,014,767
|
|
|
D. Jeffrey Richardson
|
93,426,482
|
1,418,110
|
15,014,767
|
|
|
Frederick D. Weber
|
93,784,213
|
1,060,379
|
15,014,767
|
Officer Compensation
the Company’s named executive officers was approved, and the
voting results are set forth below:
|
For
|
Withheld
|
Abstain
|
Broker Non-Votes
|
|
91,203,308
|
3,152,800
|
488,484
|
15,014,767
|
Advisory Votes to Approve Named Executive Officer Compensation
future advisory votes to approve named executive officer
compensation received the voting results set forth below:
|
1 Year
|
2 Years
|
3 Years
|
Abstain
|
Broker Non-Votes
|
|
82,525,154
|
124,145
|
11,714,933
|
480,360
|
15,014,767
|
Corporation 2013 Incentive Plan
Corporation 2013 Incentive Plan was approved, and the voting
results are set forth below:
|
For
|
Withheld
|
Abstain
|
Broker Non-Votes
|
|
85,607,403
|
8,924,000
|
313,189
|
15,014,767
|
Corporation 2011 Non-Employee Director Equity Incentive Plan
Corporation 2011 Non-Employee Director Equity Incentive Plan was
approved, and the voting results are set forth below:
|
For
|
Withheld
|
Abstain
|
Broker Non-Votes
|
|
53,595,905
|
40,936,118
|
312,569
|
15,014,767
|
Public Accounting Firm
accounting firm for the fiscal year ending December 30, 2017 was
approved, and the voting results are set forth below:
|
For
|
Withheld
|
Abstain
|
|
109,355,765
|
162,129
|
341,465
|
About Lattice Semiconductor Corporation (NASDAQ:LSCC)
Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure. The Company is a provider of customizable smart connectivity solutions based on its low power field programmable gate array (FPGA), video application specific standard product (ASSP), 60 gigahertz millimeter wave, and IP products to the consumer, communications, industrial, computing and automotive markets across the world. Its products include iCE40 Ultra/UltraLite, iCE40 LP/HX/LM, MachXO3, MachXO2, MachXO, HDMI Transmitters, HDMI Receivers, USB Type-C Port Controllers, Port Processors, Analog to HDMI/MHL Converters, MHL Transmitters, UltraGig 6400 and 802.11ad Chipsets. Lattice Semiconductor Corporation (NASDAQ:LSCC) Recent Trading Information
Lattice Semiconductor Corporation (NASDAQ:LSCC) closed its last trading session up +0.05 at 6.99 with 498,716 shares trading hands.