Madhusudhan Rayabhari - 06 Mar 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP and GM
Signature
/s/Madhusudhan Rayabhari 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
-$211,998
Form type
4
Filing time
10 Mar 2025, 20:24:47 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 +8,496 +18% $0.000000 56,745 07 Mar 2025 Direct
transaction SMTC Common Stock Tax liability $139,504 -4,315 -7.6% $32.33 52,430 07 Mar 2025 Direct
transaction SMTC Common Stock Options Exercise $0 +4,260 +8.1% $0.000000 56,690 08 Mar 2025 Direct
transaction SMTC Common Stock Tax liability $72,494 -2,164 -3.8% $33.50 54,526 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 +21,677 $0.000000 21,677 06 Mar 2025 Common Stock 21,677 Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -8,496 -50% $0.000000 8,496 07 Mar 2025 Common Stock 8,496 Direct F1, F3
transaction SMTC Restricted Stock Unit Options Exercise $0 -4,260 -100% $0.000000 0 08 Mar 2025 Common Stock 4,260 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.