Asaf Silberstein - 03 Mar 2022 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
EVP
Signature
/s/Asaf Silberstein by Charles B. Ammann under Power of Attorney dated February 25, 2014 (Copy On File)
Issuer symbol
SMTC
Transactions as of
03 Mar 2022
Net transactions value
-$126,918
Form type
4
Filing time
03 Mar 2022, 19:21:37 UTC
Previous filing
14 Jan 2022
Next filing
08 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 +5,185 +10% $0.000000 56,358 03 Mar 2022 Direct
transaction SMTC Common Stock Tax liability $126,918 -1,852 -3.3% $68.53 54,506 03 Mar 2022 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 -5,185 -50% $0.000000 5,186 03 Mar 2022 SMTC 5,185 Direct F1, F2, 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 three annual installments beginning on March 3, 2021.
F3 This grant vests in three annual installments beginning on March 3, 2021.