Lattice Semiconductor Announces Employment Inducement Stock Option Grant
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  • HILLSBORO, OR -- (MARKET WIRE) -- Feb 20, 2009 -- Lattice Semiconductor (NASDAQ: LSCC) today announced that it granted an employment inducement stock option to Michael G. Potter, its newly appointed Corporate Vice President and Chief Financial Officer, on February 17, 2009. Potter may purchase up to 500,000 shares of the Company's common stock at an exercise price of $1.40 per share pursuant to the inducement stock option. The stock option will vest twenty-five percent on the first anniversary of the grant date and six and one quarter percent each three months thereafter over the remaining three-year period. The option grant has an expiration date of February 17, 2016.

    About Lattice Semiconductor

    Lattice is the source for innovative FPGA, PLD and Mixed Signal programmable logic solutions. For more information, visit www.latticesemi.com.

    Lattice Semiconductor Corporation, Lattice (& design), L (& 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.

    GENERAL NOTICE: Other product names used in this publication are for identification purposes only and may be trademarks of their respective holders.





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