Christopher H. Chang - Mar 8, 2022 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP
Signature
/s/Christopher H. Chang by Charles B. Ammann under Power of Attorney dated March 15, 2018 (Copy On File)
Stock symbol
SMTC
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 06:30 PM
Previous filing
Mar 8, 2022
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Award $0 +902 +5.55% $0.00 17.1K Mar 8, 2022 Direct F1

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 Award $0 +12K $0.00 12K Mar 8, 2022 SMTC 12K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted performance stock units by Semtech in Semtech's fiscal year 2022 that are eligible to vest based on Semtech's relative total stockholder return over a period of one, two and three years. This transaction represents the payment and vesting of the awards with respect to the first year in the performance period.
F2 Each stock unit is the economic equivalent of one share of Semtech common stock.
F3 This grant vests in three annual installments beginning on March 8, 2023.
F4 This grant vests in three annual installments beginning on March 8, 2023.