Sylvia Summers - Jul 1, 2021 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
Director
Signature
/s/Sylvia Summers by Charles B. Ammann under Power of Attorney dated February 25, 2014 (Copy On File)
Stock symbol
SMTC
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 07:24 PM
Previous filing
Jun 10, 2021
Next filing
Jun 8, 2022

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 +1.32K $0.00 1.32K Jul 1, 2021 SMTC 1.32K Direct F1, F2
transaction SMTC Restricted Stock Unit Award $0 +1.32K $0.00 1.32K Jul 1, 2021 SMTC 1.32K Direct F1, F3
* 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 The stock units vest on the earlier of the one year anniversary of the award or the day immediately preceding the annual meeting of shareholders in the year following the grant and are payable in cash on the last date that the Director renders services to the Company.
F3 The stock units vest on the earlier of the one year anniversary of the award or the day immediately preceding the annual meeting of shareholders in the year following the grant and are payable in shares.