Imran Sherazi - 17 Jan 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: SVP and GM
Signature: /s/Imran Sherazi by Mark Lin under Power of Attorney dated June 12, 2024 (Copy on File)
Issuer symbol: SMTC
Transactions as of: 17 Jan 2025
Net transactions value: -$100,350
Form type: 4
Filing time: 22 Jan 2025, 16:09:51 UTC
Previous filing: 23 Dec 2024
Next filing: 06 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMTC	Common Stock	Sale	$100,350	-1,338	-99%	$75.00	14	17 Jan 2025	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Remarks:

This transaction is pursuant to a Rule 10b5-1 trading plan adopted by Mr. Sherazi on September 19, 2024.