Mark Lin - Jan 26, 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Signature
/s/Mark Lin
Stock symbol
SMTC
Transactions as of
Jan 26, 2025
Transactions value $
-$156,117
Form type
4
Date filed
1/28/2025, 06:03 PM
Previous filing
Jan 3, 2025
Next filing
Jan 31, 2025

Transactions Table

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 -6.41K -100% $0.00 0 Jan 26, 2025 Common Stock 6.41K 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 The reporting person was granted performance stock units by Semtech in Semtech's fiscal year 2024 that are eligible to vest based on Semtech's attainment of pre-established revenue and non-GAAP operating income targets over a period of one, two and three years, and the satisfaction of a service condition. This transaction represents the vesting and payment of the award with respect to the first year in the performance period.