Mohan Maheswaran - Mar 5, 2022 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
President and CEO, Director
Signature
/s/Mohan Maheswaran by Charles B. Ammann under Power of Attorney dated February 25, 2014 (Copy On File)
Stock symbol
SMTC
Transactions as of
Mar 5, 2022
Transactions value $
-$561,788
Form type
4
Date filed
3/8/2022, 05:34 PM
Previous filing
Dec 8, 2021
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $0 +17.5K +10.34% $0.00 187K Mar 5, 2022 Direct
transaction SMTC Common Stock Tax liability -$562K -8.69K -4.65% $64.67 178K Mar 5, 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 -17.5K -50% $0.00 17.5K Mar 5, 2022 SMTC 17.5K 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 four annual installments beginning on March 5, 2020.
F3 This grant vests in four annual installments beginning on March 5, 2020.