Ye Jane Li - Jul 1, 2021 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: Director
Signature: /s/Ye Jane Li by Charles B. Ammann under Power of Attorney dated February 23, 2016 (Copy On File)
Stock symbol: SMTC
Transactions as of: Jul 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/6/2021, 07:28 PM
Previous filing: Jun 10, 2021
Next filing: Sep 13, 2021

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.