| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SMTC | Common Stock | Options Exercise | $0 | +3,164 | +90% | $0.000000 | 6,695 | 02 Jan 2025 | Direct | |
| transaction | SMTC | Common Stock | Tax liability | $72,488 | -1,172 | -18% | $61.85 | 5,523 | 02 Jan 2025 | Direct | |
| transaction | SMTC | Common Stock | Sale | $7,477 | -118 | -2.1% | $63.37 | 5,405 | 03 Jan 2025 | Direct | F1 |
| transaction | SMTC | Common Stock | Sale | $63,984 | -982 | -18% | $65.16 | 4,423 | 03 Jan 2025 | Direct | F2 |
| transaction | SMTC | Common Stock | Sale | $17,072 | -259 | -5.9% | $65.92 | 4,164 | 03 Jan 2025 | Direct | F3 |
| 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 | -3,164 | -12% | $0.000000 | 22,149 | 02 Jan 2025 | Common Stock | 3,164 | 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.