William Ross Gray - 27 Mar 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: SVP and GM
Signature: /s/William Ross Gray by Jeffrey Gutierrez under Power of Attorney dated October 6, 2023 (Copy On File)
Issuer symbol: SMTC
Transactions as of: 27 Mar 2025
Net transactions value: -$33,119
Form type: 4
Filing time: 01 Apr 2025, 18:34:32 UTC
Previous filing: 28 Mar 2025
Next filing: 06 Jun 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	+1,599	+14%	$0.000000	13,291	27 Mar 2025	Direct
transaction	SMTC	Common Stock	Tax liability	$33,119	-856	-6.4%	$38.69	12,435	27 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	Options Exercise	$0	-1,599	-100%	$0.000000	0	27 Mar 2025	Common Stock	1,599		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 represents the contingent right to receive one share of Semtech common stock.
F2	This grant fully vested on March 27, 2025.