Ye Jane Li - 04 Jun 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: Director
Signature: /s/Ye Jane Li by Jeffrey Gutierrez under Power of Attorney dated October 6, 2023 (Copy On File)
Issuer symbol: SMTC
Transactions as of: 04 Jun 2025
Net transactions value: $0
Form type: 4
Filing time: 06 Jun 2025, 16:15:43 UTC
Previous filing: 01 May 2025
Next filing: 02 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Li Ye Jane	Director	200 FLYNN ROAD, CAMARILLO	/s/Ye Jane Li by Jeffrey Gutierrez under Power of Attorney dated October 6, 2023 (Copy On File)	06 Jun 2025	0001667921

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMTC	Common Stock	Options Exercise	$0	+2,857	+90%	$0.000000	6,014	04 Jun 2025	Direct
holding	SMTC	Common Stock						10,000	04 Jun 2025	By Family Trust	F1

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	-2,857	-100%	$0.000000	0	04 Jun 2025	Common Stock	2,857		Direct	F2, F3
transaction	SMTC	Restricted Stock Unit	Award	$0	+5,321		$0.000000	5,321	05 Jun 2025	Common Stock	5,321		Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 3, 2025, the reporting person transferred 10,000 shares of Semtech common stock to The Ye Jane Li Grantor Retained Annuity Trust for no consideration. The reporting person is trustee of the trust, and the reporting person and members of her immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust.
F2	Each stock unit represents the contingent right to receive one share of Semtech common stock.
F3	This RSU award fully vested on the day immediately preceding the 2025 Annual Meeting of Stockholders.
F4	The stock units vest on the earlier of the one year anniversary of the award and the day immediately preceding the date of the first annual meeting of stockholders following the grant and are payable in shares.