Paul H. Pickle - Jan 2, 2024 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
President and CEO, Director
Signature
/s/Paul H. Pickle by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)
Stock symbol
SMTC
Transactions as of
Jan 2, 2024
Transactions value $
$137,836
Form type
4
Date filed
1/3/2024, 04:43 PM
Previous filing
Oct 3, 2023
Next filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $226K +10.3K +152.56% $21.91 17.1K Jan 2, 2024 Direct
transaction SMTC Common Stock Tax liability -$87.9K -4.01K -23.53% $21.91 13K Jan 2, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SMTC Restricted Stock Unit Options Exercise $0 -10.3K -9.09% $0.00 103K Jan 2, 2024 Common Stock 10.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each stock unit is the economic equivalent of one share of Semtech common stock.
F2 This grant vests in twelve quarterly installments beginning on October 1, 2023.