Paul H. Pickle - 01 Apr 2024 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: President and CEO, Director
Signature: /s/Paul H. Pickle by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)
Issuer symbol: SMTC
Transactions as of: 01 Apr 2024
Net transactions value: -$101,081
Form type: 4
Filing time: 02 Apr 2024, 18:37:30 UTC
Previous filing: 29 Mar 2024
Next filing: 29 May 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	+10,305	+79%	$0.000000	23,350	01 Apr 2024	Direct
transaction	SMTC	Common Stock	Tax liability	$101,081	-3,677	-16%	$27.49	19,673	01 Apr 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	-10,305	-10%	$0.000000	92,739	01 Apr 2024	Common Stock	10,305		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 twelve quarterly installments beginning on October 1, 2023.