Asaf Silberstein - Mar 7, 2024 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
EVP and COO
Signature
/s/Asaf Silberstein 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 $
-$177,962
Form type
4
Date filed
3/11/2024, 05:04 PM
Previous filing
Mar 7, 2024
Next filing
Dec 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $0 +12.1K +17.88% $0.00 80K Mar 7, 2024 Direct
transaction SMTC Common Stock Tax liability -$106K -4.53K -5.66% $23.32 75.5K Mar 7, 2024 Direct
transaction SMTC Common Stock Options Exercise $0 +5.33K +7.05% $0.00 80.8K Mar 8, 2024 Direct
transaction SMTC Common Stock Tax liability -$45K -1.9K -2.35% $23.71 78.9K Mar 8, 2024 Direct
transaction SMTC Common Stock Options Exercise $0 +3.29K +4.17% $0.00 82.2K Mar 9, 2024 Direct
transaction SMTC Common Stock Tax liability -$27.4K -1.17K -1.43% $23.35 81K 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 -12.1K -33.33% $0.00 24.3K Mar 7, 2024 Common Stock 12.1K Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -5.33K -50% $0.00 5.33K Mar 8, 2024 Common Stock 5.33K Direct F1, F3
transaction SMTC Restricted Stock Unit Options Exercise $0 -3.29K -100% $0.00* 0 Mar 9, 2024 Common Stock 3.29K 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.