Lattice Semiconductor Names Jeff Benck CEO

TL;DR

Lattice Semiconductor officially names Jeff Benck as CEO, effective immediately.

AI Summary

Lattice Semiconductor Corporation announced on September 14, 2024, the appointment of Jeff Benck as President and Chief Executive Officer, effective immediately. Benck, who has been serving as interim CEO since July 2024, will also join the company's Board of Directors. He previously held the role of President and CEO of Quantum-Si Incorporated.

Why It Matters

The permanent appointment of a CEO provides leadership stability and strategic direction for Lattice Semiconductor, potentially impacting investor confidence and future business performance.

Risk Assessment

Risk Level: low — This filing reports a routine executive appointment, which is a standard corporate event with no immediate negative implications.

Key Players & Entities

• Lattice Semiconductor Corporation (company) — Registrant
• Jeff Benck (person) — Appointed President and Chief Executive Officer
• Quantum-Si Incorporated (company) — Jeff Benck's former employer
• September 14, 2024 (date) — Effective date of appointment
• July 2024 (date) — Start of interim CEO role

FAQ

Key Financial Figures

• $800,000 — Mr. Tamer's annual base salary will be $800,000, and his base salary will be periodical
• $1,700,000 — m incentive awards for Mr. Tamer equals $1,700,000, provided as RS plus $1,700,000 as PSUs
• $5,000,000 — m incentive awards for Mr. Tamer equals $5,000,000, provided as RS plus $5,000,000 as PSUs
• $30,000,000 — an aggregate target grant date value of $30,000,000, in part to recognize equity awards tha
• $6,700,000 — be granted to Mr. Tamer prior to 2026. $6,700,000 of the total Equity Award value (repres
• $10,000,000 — he event of extraordinary performance. $10,000,000 of the total Equity Award value at targ

Filing Documents

• lscc20240914_8k.htm (8-K) — 57KB
• ex_724198.htm (EX-10.1) — 98KB
• ex_724193.htm (EX-99.1) — 14KB
• latticelogocolorpmsa49.jpg (GRAPHIC) — 24KB
• 0001437749-24-029278.txt ( ) — 363KB
• lscc-20240914.xsd (EX-101.SCH) — 3KB
• lscc-20240914_def.xml (EX-101.DEF) — 11KB
• lscc-20240914_lab.xml (EX-101.LAB) — 15KB
• lscc-20240914_pre.xml (EX-101.PRE) — 11KB
• lscc20240914_8k_htm.xml (XML) — 3KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure . On September 16, 2024, the Company issued a press release announcing the transition and appointments described in this Current Report on Form 8-K. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information set forth under this Item 7.01, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits The following exhibits are being furnished herewith: Exhibit No. Description 10.1 Offer Letter with Ford Tamer, dated September 14, 2024. 99.1 Press Release, dated September 16, 2024 (furnished herewith). 104 Cover Page Interactive Data File (formatted as Inline XBRL). 4

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LATTICE SEMICONDUCTOR CORPORATION By: /s/ Tracy Feanny Date: September 16, 2024 Tracy Feanny Senior Vice President and General Counsel EXHIBIT INDEX Exhibit No. Description 10.1 Offer Letter with Ford Tamer, dated September 14, 2024. 99.1 Press Release, dated September 16, 2024 (furnished herewith). 104 Cover Page Interactive Data File (formatted as Inline XBRL). 5

View Full Filing

View this 8-K filing on SEC EDGAR