| 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 | -3.16K | -12.5% | $0.00 | 22.1K | Jan 2, 2025 | Common Stock | 3.16K | Direct | F4, F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | This price represents the weighted average of these sales. The prices ranged from $63.2 to $63.37. Price and share details are available upon request. |
| F2 | This price represents the weighted average of these sales. The prices ranged from $64.8 to $65.795. Price and share details are available upon request. |
| F3 | This price represents the weighted average of these sales. The prices ranged from $65.81 to $66.015. Price and share details are available upon request. |
| F4 | Each stock unit is the economic equivalent of one share of Semtech common stock. |
| F5 | One third of this grant vested on October 2, 2024 and the remainder of this grant vests in eight quarterly installments beginning on January 2, 2025. |
These transactions are pursuant to a Rule 10b5-1 trading plan adopted by Mr. Lin on September 17, 2024.