Madhusudhan Rayabhari - 21 Aug 2021 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
VP and GM
Signature
s/Madhusudhan Rayabhari by Charles B. Ammann under Power of Attorney dated November 23, 2020 (Copy On File)
Issuer symbol
SMTC
Transactions as of
21 Aug 2021
Net transactions value
-$54,904
Form type
4
Filing time
24 Aug 2021, 17:05:54 UTC
Previous filing
23 Aug 2021
Next filing
10 Mar 2022
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 +1,250 +12% $0.000000 12,077 21 Aug 2021 Direct
transaction SMTC Common Stock Tax liability $27,452 -433 -3.6% $63.40 11,644 21 Aug 2021 Direct
transaction SMTC Common Stock Options Exercise $0 +1,250 +11% $0.000000 12,894 22 Aug 2021 Direct
transaction SMTC Common Stock Tax liability $27,452 -433 -3.4% $63.40 12,461 22 Aug 2021 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 -1,250 -50% $0.000000 1,250 22 Aug 2021 SMTC 1,250 Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -1,250 -33% $0.000000 2,500 21 Aug 2021 SMTC 1,250 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 This grant vests in four annual installments beginning on August 22, 2019.
F3 This grant vests in four annual installments beginning on August 21, 2020.