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Stephen A. Skaggs, who was born in 1963, is a notable figure in the tech industry, having taken charge as the CEO of Lattice Semiconductor in 2005. His prior experience as Senior Vice President and Chief Financial Officer helped him...

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Stephen A. Skaggs

Ex-CEO of Lattice Semiconductor

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1963 - 62 years ago

CEO of Lattice Semiconductor for

2 years 11 months (Jun 2005 - May 2008)

Previous Experience

Senior Vice President and Chief Financial Officer at Lattice from 1996 to 2003; President of Lattice since 2003.

Holdings

See how much did Stephen A. Skaggs make over time.

Stephen A. Skaggs made some substantial moves in the stock market during his time with Lattice Semiconductor. Notably, in 2019 alone, his stock sales varied from $1.04 million to $1.99 million in just a few months. His wealth fluctuated significantly,...

Mar 18, 2025

Total Stock Sold

$11.30M

LSCC

$11.30M

217,557 LSCC shares

What if they kept their stock?

If Stephen A. Skaggs didn't sell their stock, today they would have:
Extra LSCC217,557 shares worth $5.89M.
This is -47.82% and $5.40M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Stephen A. Skaggs.

LSCC

$825.31K

LSCC at $72.73/share

Feb 21, 2024

Sale

LSCC

22,806 shares

LSCC

Feb 19, 2024

Received

LSCC

$47.65K

LSCC at $58.83/share

Nov 21, 2023

Sale

LSCC

$148.76K

LSCC at $92.63/share

Aug 22, 2023

Sale

LSCC

$180.40K

LSCC at $82.68/share

May 23, 2023

Sale

LSCC

$1.30M

LSCC at $82.96/share

Feb 24, 2023

Sale

LSCC

$75.50K

LSCC at $66.64/share

Nov 22, 2022

Sale

LSCC

$129.11K

LSCC at $51.40/share

Sep 7, 2022

Sale

LSCC

$415.43K

LSCC at $63.72/share

Aug 5, 2022

Sale

LSCC

$130.38K

LSCC at $51.90/share

Jun 7, 2022

Sale

Compensation History

See how much did Stephen A. Skaggs make over time.

During his leadership at Lattice, Skaggs' compensation has been a topic of interest. In 2008, he earned a total of $1.54 million, but interestingly, most came from non-salary components. He received no bonus that year under the Executive Variable Compensation Plan after performance goals were missed, and he had no stock awards vesting. His base salary has been static at $400,000 since his promotion, showcasing a commitment to long-term planning. Despite the ups and downs, his financial decisions, including stock options worth over $600,000, reflect a financial strategist working to align executive wealth with company performance. Skaggs also has laid out terms for severance pay that includes substantial payouts if he were to leave under certain circumstances. This all ties into a philosophy of linking rewards to performance, even if it didn't always pan out during his tenure.

Year

2008

Total Compensation

$1.15M

Salary

$169.24K

Board Justification

The compensation philosophy aims to attract, motivate, and retain highly qualified employees while aligning executives' interests with those of stockholders, with a focus on performance-based compensation.

Bonus

$0.00

Board Justification

No bonus was awarded under the 2008 Executive Variable Compensation Plan due to performance goals not being achieved.

Other

$981.74K

Board Justification

Includes severance payment of $960,000, interest on delayed severance payment of $8,914, and COBRA benefits valued at $8,831.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2008 as Mr. Skaggs did not receive any equity compensation grants during the year.

Performance Metrics

The performance metrics for the 2008 Executive Variable Compensation Plan were based on revenue and operating income performance goals, which were not achieved.