Madhusudhan Rayabhari - Mar 7, 2024 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP and GM
Signature
/s/Madhusudhan Rayabhari by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)
Stock symbol
SMTC
Transactions as of
Mar 7, 2024
Transactions value $
-$131,117
Form type
4
Date filed
3/11/2024, 04:56 PM
Previous filing
Mar 7, 2024
Next filing
May 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $0 +8.5K +38.07% $0.00 30.8K Mar 7, 2024 Direct
transaction SMTC Common Stock Tax liability -$75.5K -3.24K -10.51% $23.32 27.6K Mar 7, 2024 Direct
transaction SMTC Common Stock Options Exercise $0 +4.26K +15.45% $0.00 31.8K Mar 8, 2024 Direct
transaction SMTC Common Stock Tax liability -$36K -1.52K -4.77% $23.71 30.3K Mar 8, 2024 Direct
transaction SMTC Common Stock Options Exercise $0 +2.35K +7.75% $0.00 32.7K Mar 9, 2024 Direct
transaction SMTC Common Stock Tax liability -$19.6K -838 -2.57% $23.35 31.8K Mar 9, 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 -8.5K -33.33% $0.00 17K Mar 7, 2024 Common Stock 8.5K Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -4.26K -50% $0.00 4.26K Mar 8, 2024 Common Stock 4.26K Direct F1, F3
transaction SMTC Restricted Stock Unit Options Exercise $0 -2.35K -100% $0.00* 0 Mar 9, 2024 Common Stock 2.35K Direct F1, F4
* 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 three annual installments beginning on March 7, 2024.
F3 This grant vests in three annual installments beginning on March 8, 2023.
F4 This grant vests in three annual installments beginning on March 9, 2022.