Mark Lin - 29 Jan 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Signature
/s/Mark Lin
Issuer symbol
SMTC
Transactions as of
29 Jan 2025
Net transactions value
-$177,749
Form type
4
Filing time
31 Jan 2025, 16:50:44 UTC
Previous filing
28 Jan 2025
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Sale $146,729 -2,476 -29% $59.26 5,960 29 Jan 2025 Direct F1
transaction SMTC Common Stock Sale $30,531 -506 -8.5% $60.34 5,454 29 Jan 2025 Direct F2
transaction SMTC Common Stock Sale $489 -8 -0.15% $61.11 5,446 29 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).

Explanation of Responses:

Id Content
F1 This price represents the weighted average of these sales. The prices ranged from $58.785 to $59.665. Price and share details are available upon request.
F2 This price represents the weighted average of these sales. The prices ranged from $59.82 to $60.76. Price and share details are available upon request.

Remarks:

These transactions are pursuant to a Rule 10b5-1 trading plan adopted by Mr. Lin on September 17, 2024.