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 |
Id | Content |
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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. |