Mark Lin - Oct 2, 2024 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
EVP and CFO
Signature
/s/Mark Lin
Stock symbol
SMTC
Transactions as of
Oct 2, 2024
Transactions value $
-$168,783
Form type
4
Date filed
10/3/2024, 04:24 PM
Previous filing
Apr 8, 2024

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 Oct 2, 2024 Direct
transaction SMTC Common Stock Tax liability -$169K -4.01K -29.37% $42.08 9.65K Oct 2, 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 Oct 2, 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.