Madhusudhan Rayabhari - Aug 21, 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)
Stock symbol
SMTC
Transactions as of
Aug 21, 2021
Transactions value $
-$54,904
Form type
4
Date filed
8/24/2021, 05:05 PM
Previous filing
Aug 23, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $0 +1.25K +11.55% $0.00 12.1K Aug 21, 2021 Direct
transaction SMTC Common Stock Tax liability -$27.5K -433 -3.59% $63.40 11.6K Aug 21, 2021 Direct
transaction SMTC Common Stock Options Exercise $0 +1.25K +10.74% $0.00 12.9K Aug 22, 2021 Direct
transaction SMTC Common Stock Tax liability -$27.5K -433 -3.36% $63.40 12.5K Aug 22, 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 -1.25K -50% $0.00 1.25K Aug 22, 2021 SMTC 1.25K Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -1.25K -33.33% $0.00 2.5K Aug 21, 2021 SMTC 1.25K 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.