Norris B. Powell - 18 Nov 2022 Form 4 Insider Report for SEMTECH CORP (SMTC)

Signature
/s/Norris B. Powell by Charles B. Ammann under Power of Attorney dated November 20, 2020 (Copy On File)
Issuer symbol
SMTC
Transactions as of
18 Nov 2022
Net transactions value
-$57,614
Form type
4
Filing time
21 Nov 2022, 17:04:21 UTC
Previous filing
10 Mar 2022
Next filing
09 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $0 +6,250 $0.000000 6,250 18 Nov 2022 Direct
transaction SMTC Common Stock Tax liability $57,614 -1,959 -31% $29.41 4,291 18 Nov 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 -6,250 -33% $0.000000 12,500 18 Nov 2022 SMTC 6,250 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 four annual installments beginning on November 18, 2021.