William Ross Gray - 13 Jan 2024 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: Officer
Signature: /s/William Ross Gray by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)
Issuer symbol: SMTC
Transactions as of: 13 Jan 2024
Net transactions value: +$32,993
Form type: 4
Filing time: 16 Jan 2024, 16:48:47 UTC
Previous filing: 09 Mar 2023
Next filing: 07 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMTC	Common Stock	Options Exercise	$76,259	+4,001		$19.06	4,001	13 Jan 2024	Direct
transaction	SMTC	Common Stock	Tax liability	$43,266	-2,270	-57%	$19.06	1,731	13 Jan 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	-4,001	-25%	$0.000000	12,004	13 Jan 2024	Common Stock	4,001		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 four annual installments beginning on January 13, 2024.