Asaf Silberstein - 06 Mar 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
EVP and COO
Signature
/s/Asaf Silberstein by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)
Issuer symbol
SMTC
Transactions as of
06 Mar 2025
Net transactions value
-$289,900
Form type
4
Filing time
10 Mar 2025, 20:22:34 UTC
Previous filing
06 Mar 2025
Next filing
28 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 Options Exercise $0 +12,137 +13% $0.000000 107,632 07 Mar 2025 Direct
transaction SMTC Common Stock Tax liability $199,282 -6,164 -5.7% $32.33 101,468 07 Mar 2025 Direct
transaction SMTC Common Stock Options Exercise $0 +5,325 +5.2% $0.000000 106,793 08 Mar 2025 Direct
transaction SMTC Common Stock Tax liability $90,618 -2,705 -2.5% $33.50 104,088 08 Mar 2025 Direct

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 Award $0 +29,265 $0.000000 29,265 06 Mar 2025 Common Stock 29,265 Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -12,137 -50% $0.000000 12,137 07 Mar 2025 Common Stock 12,137 Direct F1, F3
transaction SMTC Restricted Stock Unit Options Exercise $0 -5,325 -100% $0.000000 0 08 Mar 2025 Common Stock 5,325 Direct F1, F4
* 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 One third of this grant vests on March 10, 2026 and the remainder of this grant vests in eight quarterly installments beginning on June 10, 2026.
F3 This grant vests in three annual installments beginning on March 7, 2024.
F4 This grant vested in three annual installments beginning on March 8, 2023.