Mark Lin - 02 Oct 2024 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: EVP and CFO
Signature: /s/Mark Lin
Issuer symbol: SMTC
Transactions as of: 02 Oct 2024
Transactions value $: -$168,783
Form type: 4
Filing time: 03 Oct 2024, 16:24:01 UTC
Previous filing: 08 Apr 2024
Next filing: 19 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	+12.7K	+1265.6%	$0.00	13.7K	02 Oct 2024	Direct
transaction	SMTC	Common Stock	Tax liability	-$169K	-4.01K	-29.37%	$42.08	9.65K	02 Oct 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	-12.7K	-33.33%	$0.00	25.3K	02 Oct 2024	Common Stock	12.7K		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 October 2, 2024 and the remainder of this grant vests in eight quarterly installments beginning on January 2, 2025.