Mark P. Russell - 01 Jan 2024 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP
Signature
/s/Mark P. Russell by Mark Lin under Power of Attorney dated January 5, 2024 (Copy On File)
Issuer symbol
SMTC
Transactions as of
01 Jan 2024
Net transactions value
$0
Form type
4
Filing time
17 Jan 2024, 17:07:42 UTC
Next filing
07 Mar 2024
SEC
View on sec.gov

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 Award $0 +35,265 $0.000000 35,265 01 Jan 2024 Common Stock 35,265 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 One third of this grant vests on January 1, 2025 and the remainder of this grant vests in eight quarterly installments beginning on April 1, 2025.