Asaf Silberstein - 05 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: 05 Mar 2022
Net transactions value: -$104,377
Form type: 4
Filing time: 08 Mar 2022, 17:39:08 UTC
Previous filing: 03 Mar 2022
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	+4,667	+8.6%	$0.000000	59,173	05 Mar 2022	Direct
transaction	SMTC	Common Stock	Tax liability	$104,377	-1,614	-2.7%	$64.67	57,559	05 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	-4,667	-100%	$0.000000^*	0	05 Mar 2022	SMTC	4,667		Direct	F1, F2

* 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 5, 2020.