Asaf Silberstein - 07 Mar 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)
Issuer symbol
SMTC
Transactions as of
07 Mar 2024
Net transactions value
-$177,962
Form type
4
Filing time
11 Mar 2024, 17:04:37 UTC
Previous filing
07 Mar 2024
Next filing
10 Dec 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 $0 +12,137 +18% $0.000000 80,010 07 Mar 2024 Direct
transaction SMTC Common Stock Tax liability $105,523 -4,525 -5.7% $23.32 75,485 07 Mar 2024 Direct
transaction SMTC Common Stock Options Exercise $0 +5,325 +7.1% $0.000000 80,810 08 Mar 2024 Direct
transaction SMTC Common Stock Tax liability $45,049 -1,900 -2.4% $23.71 78,910 08 Mar 2024 Direct
transaction SMTC Common Stock Options Exercise $0 +3,287 +4.2% $0.000000 82,197 09 Mar 2024 Direct
transaction SMTC Common Stock Tax liability $27,390 -1,173 -1.4% $23.35 81,024 09 Mar 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 -12,137 -33% $0.000000 24,274 07 Mar 2024 Common Stock 12,137 Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -5,325 -50% $0.000000 5,325 08 Mar 2024 Common Stock 5,325 Direct F1, F3
transaction SMTC Restricted Stock Unit Options Exercise $0 -3,287 -100% $0.000000* 0 09 Mar 2024 Common Stock 3,287 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.